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MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19

MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19

Sopnendu Mohanty, the Chief FinTech Officer at the Monetary Authority of Singapore (MAS) announced that Phase 5 of Project Ubin has been completed, and partners of the project are already working on a production in the payments space. A new report is to be expected in the next few days, which will “articulate the last phase of experimentation of Project Ubin.” He hinted that the production is related to exchange, settlement, and will be working on releasing production inspired by Project Ubin Phase 5.

Serial Founder Ben Rubin Discusses Product Market Fit and Web3 Innovations

Serial Founder Ben Rubin Discusses Product Market Fit and Web3 Innovations

Ben Rubin, creator of Meerkat and Houseparty, shares insights on finding product market fit and his new venture in Web3 with a16z crypto.

NVIDIA's Vera Rubin Architecture to Power Blue Lion Supercomputer

NVIDIA's Vera Rubin Architecture to Power Blue Lion Supercomputer

The Blue Lion supercomputer at Germany's Leibniz Supercomputing Centre will utilize NVIDIA's Vera Rubin architecture, promising enhanced performance and real-time scientific processing.

NVIDIA's Rubin CPX GPU Revolutionizes Long-Context AI Inference

NVIDIA's Rubin CPX GPU Revolutionizes Long-Context AI Inference

NVIDIA unveils Rubin CPX GPU, enhancing AI inference with unprecedented efficiency for 1M+ token workloads, transforming sectors like software development and video generation.

Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force

Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force

Joseph Lubin, Ethereum’s co-founder, has asserted that Facebook should not spearhead the Libra project based on the concerns raised about its reputation.

Crypto Expert Nouriel Roubini Develops Tokenized Assets, Aiming at Replacing USD

Crypto Expert Nouriel Roubini Develops Tokenized Assets, Aiming at Replacing USD

Crypto-basher economist Nouriel Roubini is developing a tokenized asset designed to counter the volatility of the U.S. dollar due to inflation, climate change, and more.

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.

Singapore Consults China on Central Bank Digital Currency

Singapore Consults China on Central Bank Digital Currency

Singapore is considering a partnership with China as it works on developing a Central Bank Digital Currency dubbed Project Ubin

R3 - Revolutionizing Trade Finance with Blockchain

R3 - Revolutionizing Trade Finance with Blockchain

R3 leads the largest blockchain ecosystem in the world, creating initiatives using distributed ledger technology. Carl Wegner, the Managing Director and Head of Asia at R3, elaborates on the consortium’s reach with its broad ecosystem, on initiatives that are built on Corda, including, Project Voltron, Project Inthanon, Project LionRock, and Project Ubin in Asia.  

Singapore Blockchain Ecosystem

Singapore Blockchain Ecosystem

Singapore Blockchain Ecosystem

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.

ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project

ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project

Blockchain firm ConsenSys has revealed that it has been awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA)

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