The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization.DBS Bank, a member of the advisory council on fintech, has joined the blockchain council alongside 39 other major technology, corporate and nonprofit leaders, including Google, IBM, Boeing, … [Read more...] about DBS Bank joins Hedera blockchain’s governing council
DBS
DBS Becomes First Southeast Asian Bank to Join Hedera Governing Council
The Singapore lender joins heavy hitters such as Google, IBM, LG and others, whose stated goal is to bringing stability and continued decentralization to the public network companies.Oct 27, 2021 at 7:00 a.m. UTCUpdated Oct 27, 2021 at 7:00 a.m. UTCDBS Group Holdings Ltd. bank branch in Singapore. (Lauryn Ishak/Bloomberg via Getty Images) Source link … [Read more...] about DBS Becomes First Southeast Asian Bank to Join Hedera Governing Council
Crypto converts JPMorgan, DBS, Temasek pivot to blockchain for interbank remittances
American investment bank JPMorgan has teamed up with Singaporean DBS Bank and holding company Temasek to develop a blockchain-based interbank remittance system, dubbed Patrior, that aims to soothe some of the most common “pain points” in the sector.“We believe a shared ledger infrastructure such as the Partior platform will change the way payments are cleared and settled, … [Read more...] about Crypto converts JPMorgan, DBS, Temasek pivot to blockchain for interbank remittances
JPMorgan and DBS to launch blockchain cross-border payment platform
Major American investment bank JPMorgan is working with Singapore’s largest bank, DBS, and state investment firm Temasek to launch a new blockchain company focused on global payments and interbank transactions.Dubbed Partior, the new firm will use blockchain technology and digitize commercial bank money to reduce the existing friction in cross-border payments, trade … [Read more...] about JPMorgan and DBS to launch blockchain cross-border payment platform