Showing 96 Documents for "DLT"
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- MAS
- Media Releases
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- Project Ubin Project Ubin is a collaborative project with the industry to explore the use of Blockchain and Distributed Ledger Technology (DLT) for clearing and settlement of payments and securities.
- MAS
- Speeches
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- This is why we think distributed ledger technology holds promise in this area. Many of you are familiar with Project Ubin . It involves MAS and the financial industry here working closely.
- MAS, industry professionals, and MIT researchers have come together towards developing prototypes that look into applications of AI and distributed ledger technology in the financial sector . They include use cases in smart contracts, trade finance, and central bank digital currencies.
- MAS
- Macroeconomic Reviews
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- Aside from filling gaps in the provision of payment services, DLT payment systems promise to bring gains in economic efficiency. Specifically, DLT allows for the free entry of ledger writers; hence, it will tend to prevent a centralised ledger keeper from earning economic rents.
- This limits the number of transactions that DLT payment systems can process, making such platforms very difficult to scale up.
- The innovation behind the distinctively new form of digital currency that was the workshops focus is Distributed Ledger Technology (DLT), which allows transactions to be recorded and verified on a decentralised ledger, without the need for a trusted third party acting as central bookkeeper
- MAS
- Media Releases
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- As part of the Agreement, MAS and HKMA have committed to work on a strategic project on trade finance cross-border infrastructure, based on distributed ledger technology, as their first collaborative initiative. More details will be announced by the two authorities next month.
- MAS
- Media Releases
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- Technology Infrastructure Office, led by Tan Yeow Seng, which will be responsible for regulatory policies and strategies for developing safe and efficient technology enabled infrastructures for the financial sector, in areas such as cloud computing, big data, and distributed ledgers.
- MAS
- Media Releases
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- Payments and the representation of fiat currency on Blockchains is a potentially significant use case for distributed ledger technology and we firmly believe that partnership between regulators, central banks and the financial services sector will accelerate solutions to maturity.” ****
- MAS
- Media Releases
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- Both regulators will also explore the feasibility of integrating innovative features such as distributed ledger technology-based solutions to catalyse greater efficiencies in payments clearing and settlement between participating banks. 4.
- MAS
- Media Releases
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- Both regulators will also explore the feasibility of integrating innovative features such as distributed ledger technology-based solutions to catalyse greater efficiencies in payments clearing and settlement between participating banks. 4.
- MAS
- Media Releases
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- This includes collaboration in areas such as blockchain and distributed ledger technology, digital identities, cross-border data connectivity, data portability, and the application of FinTech to promote sustainable finance. 5.
- MAS
- Media Releases
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- Asia-Pacific. 4 MAS will provide policy perspectives and technical guidance that can contribute to the mission of the Foundation, building on its experience with Project Ubin’s Central Bank Digital Currency (CBDC) development efforts Project Ubin is a collaborative industry effort to explore the use of distributed