Tag: singapore

Singapore Fintech Festival Takes Asean Focus In Third Run

THE Singapore Fintech Festival will focus on fintech developments and opportunities in Asean in its third run this year, said organisers from the Monetary Authority of Singapore (MAS) on Wednesday. The annual festival – to be held from Nov 12 to 16 this year – comes as Singapore holds the chairmanship of Asean. To that ...

Singapore Initiative Expedites Blockchain Patent Approval Process

Fintech companies in Singapore will have patents approved faster thanks to an expedited patent application-to-grant process initiative announced by the Intellectual Property Office of Singapore (IPOS). Patents will be granted in as soon as six months, compared to two years minimum for normal applications, according to an announcement published on the IPOS website. Low Yen Ling, senior ...

Singapore Launches The First Blockchain Challenge to Boost Innovation

Singapore’s Infocomm Media Development Authority (IMDA) launched its very first Blockchain Challenge to accelerate the application of blockchain beyond fintech. To boost innovation and adoption of blockchain technology beyond fintech, Singapore’s Infocomm Media Development Authority (IMDA) launched its very first Blockchain Challenge. “To ensure every business is a digital business, Singapore’s digital economy requires technologies ...

Blockchain: Pushing Traditional Model Of “Trust” To Evolve

If you’ve attempted to dive into this mysterious thing called blockchain, you’d be forgiven for recoiling in horror at the sheer opaqueness of the technology that is often used to frame it. So, before we get into what a cryptocurrency is and how blockchain technology might change the world, let’s discuss what blockchain is. What ...

Why You Should Learn About Blockchain Before Everyone Else Does

From niche technical publications to watercooler conversations to the corporate boardroom, blockchain has become the latest buzz-worthy technology that practically everybody is talking about. But if you stopped the average Joe on the street to ask, What exactly is blockchain?, chances are  you’d get some head-scratching and a few vague references to Bitcoin as a response. Consider: Blockchain ...

Blockchain: 3 Things People Get Wrong

Blockchain has been all the rage as a trend for the past couple of years. It’s widely viewed as an important technological development – and I agree with that view. But that doesn’t mean we should all give ourselves over to the hype and think blockchain is going to be the answer for everything. (CIOs, displaying ...

What Are the Applications and Use Cases of Blockchains?

Blockchain technology is a revolution in systems of record. Bitcoin is history’s first permanent, decentralized, global, trustless ledger of records. Since its invention, entrepreneurs in industries around the world have come to understand the implications of this development. The nature of blockchain technology has got imaginations running wild, because the idea can now be applied ...

What is Blockchain & Distributed Ledger Technology (DLT)

The rapid development and spread of new technologies has been significantly transforming the financial sector. The World Bank Group published the first fintech note that looks at Distributed Ledger Technology and Blockchain, and analyzes its potential relevance for international development. Fintech — a relatively newly-coined term which combines ‘finance’ and ‘technology’ — describes companies or innovations that ...

Microsoft To Implement Blockchain-Based ID System

Microsoft revealed its plans to integrate Blockchain-based decentralized IDs (DIDs) into its  Microsoft Authenticator app, the company announced in a blog post Monday, Feb. 12. As reported in the post, Microsoft is looking to provide new a model of digital identity that would not be controlled by any centralized institution and would guarantee fully private data storage, enabling the individual to ...

Singapore Blockchain Summit 28 FEB 2018

DESCRIPTION Singapore Blockchain Summit 2018 [SBS]: 26th-28th Feb As part of WBS World Tour 2018, GBF is in process of building deep integration with 30+ leading & emerging markets in the space of Blockchain, DLT & Crypto-economic space within Government, Corporates, Investors & Family offices, Startups and Academia. For the same, GBF is hosting 6 ...