The Future Is Here Singapore Tokenizes Fiat Currency on the Blockchain

In a report entitled The Future Is Here, Singapores central bank announced that it has completed the first phase of a project involving the development of a tokenized version of the Singapore dollar SGD on an Ethereum-based blockchain.Project Ubin, which began in November 2016, is an attempt to create a functional replacement for Singapores interbank payments network using tokenization and blockchain technology.The first phase of the project was successful, developing a proof-of-concept repla

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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