
Singapore’s Central Bank, JP Morgan To Develop Blockchain-based Cross-Border Payments System
Singapore’s Central Bank, the Monetary Authority of Singapore (MAS) has partnered with investment banking giant JP Morgan and developed a blockchain prototype for cross-border payments. Payment Settlements Using Different Currencies On Single Network The prototype will enable payment settlements using different currencies on the same network. For the same, Temasek, an investment firm owned by
Singapore’s Central Bank, the Monetary Authority of Singapore (MAS) has partnered with investment banking giant JP Morgan and developed a blockchain prototype for cross-border payments. Payment Settlements Using Different Currencies On Single Network The prototype will enable payment settlements using different currencies on the same network. For the same, Temasek, an investment firm owned by