Banks have completed transactions using tokenised Singapore dollars on a blockchain ledger. The ledger is provided by Swift, a global messaging network.
These transactions represent a milestone in the use of blockchain technology for financial transactions. The fact that Singapore dollars were tokenised and used in this way is a notable development.
Further details about this achievement can be found through FinTech Futures, which reported on the completion of these transactions.
Amid reports about Singaporeans getting lured into a suspected pyramid scheme in China, content creator and personal trainer Tyen Rasif took to social media to share her personal experience where she "almost got scammed" into joining it. In a video posted on Sep. 10, Rasif said t...
Former coordinating minister Khaw Boon Wan will step down as chairman of Singapore Press Holdings (SPH) Media Trust (SMT). Chan Yeng Kit, chief executive officer (CEO) of SPH Media, will take over the role, The Straits Times reported. The changes are expected to take effect from ...
UPDATE on Sep. 11, 6:15pm: This article was updated with the latest figures from CASE. After True Fitness and True Yoga ceased operations across their outlets on Sep. 10, customers have reported losses of more than S$ 609,000 in unutilised memberships, packages, and services to t...
From young singles seeking a home of their own to seniors ageing independently, more people in Singapore are living alone. As the number of one-person resident households rises, experts said supporting their diverse needs will require rethinking housing, caregiving and how we str...
Nine-year-old Gregory Imran Zahin has picked up a new hobby: collecting empty cans and plastic bottles and recycling them at designated Return Right machines under Singapore's latest Beverage Container Return Scheme (BCRS). Learnt about recycling in school Speaking to Mothership ...