Singapore is the central hub of blockchain?

Reviewing and compile blockchain industry topic, updating market references and research environment.

Today, we are picking up blockchain and crypto related approach from Singapore.

Executives of the Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) met for their fourth roundtable to discuss regulatory developments for capital markets in the two countries.

Both organizations are also members of the International Organization of Securities Commissions (IOSCO) which is currently exploring how blockchain can be used to address conflicts of interest.

https://hackernoon.com/analysis-of-thriving-blockchain-and-cryptocurrency-market-in-singapore-data-driven-insights-80fb7818cae2

Since one year ago, Singapore is very proactive ICO activity, subsequently US numbers before. The Monetary Authority of Singapore (MAS), the central authority responsible for administering statutes pertaining to the financial sector, has taken several positive steps towards cryptocurrencies and blockchain technology. The government is encouraging the adoption of these technologies and releasing a guide to digital token offerings. MAS has taken an open approach to categorize digital tokens, namely utility, payment and security tokens.

Singapore’s Tribe Accelerator announced it has secured SD$21.5 million ($15.7 million) in funding for nine participating companies with market-ready blockchain solutions last month.

Tribe also partnered with Dubai International Financial Centre (DIFC) FinTech Hive to expand its pool of innovators, investors and corporate partners as well as second fundraised.

Beyond Consortium, which is led by V3 Group and EZ-Link and includes Far East Organisation, Mitsui Sumitomo Insurance, Heliconia Capital and the Singapore Business Federation, will be competing with a handful of other businesses and organizations in the country to capitalize on the need for digital banking,

Beyond Consortium says its members are representative of the small and mid-sized enterprises in Singapore, which encompass 70 percent of the Singaporean workforce. The businesses in Beyond Consortium represent a variety of business types including real estate, construction, mass transport, insurance and retail, blockchain and machine learning in consideration.

Singapore is the technology hub especially financial market in 2020.

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CollaboGate Research Blockchain and Technology Laboratory

CollaboGate is a global blockchain research group with protocols and industrial use cases, empowering decentralized projects to progress fast and innovative decisions at scale.

Blockchain Project Research Study

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CollaboGate Research Blockchain and Technology Laboratory

CollaboGate is a global blockchain research group with protocols and industrial use cases, empowering decentralized projects to progress fast and innovative decisions at scale.

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