Apart from Blockchain Regulation, Singapore is promised to become the Future Asian blockchain Hub. In recent years, Singapore is one of the potential marketplaces in the world giving its space to cryptocurrency-related business services to its users with a stable financial system

1. TOP 3 BLOCKCHAIN BASED
PROJECTS/SERVICES IN SINGAPORE
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2. SINGAPORE
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Singapore is one of the potential marketplaces in the
world giving its space to cryptocurrency-related business
services to its users with a stable financial system and also
having more than 400 fin-tech startups.
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3. OPEN TRADE BLOCKCHAIN
Let’s start1
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Open Trade Blockchain (OTB) is an extensible blockchain
service, launched by Singapore-based, Global eTrade Services
(GeTS). The first cross-border blockchain platform aimed to
align with China’s Belt Road Initiative that can make global
trade highly efficient, secure and transparent.
The system was designed to avoid exporter’s email account
being hacked and to avoid fraudulently change of documents
like certificates of origin, commercial invoices, and shipping.
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5. PROJECT UBIN
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It is a collaborative project led by the Monetary Authority of
Singapore (MAS) with industry partners for the clearance and
settlement of inter-banking payments and securities by exploring
the use of Distributed Ledger Technology.
The First trial between Singapore and Canada has successfully
completed
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Cross Border Payments with Central Bank Backed Digital Currency
cheaper, faster, and safer.
Here the team has used a Hashed Time-Locked Contracts (HTLC)
technique to connect the two networks, namely Project Jasper and
Project Ubin without any third-party intervention.
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8. OPENCERTS
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OpenCerts is a Singapore government-linked blockchain project
developed in cooperation with the OpenCerts Consortium. The
objective of this project is to provide an easy way to access
educational credentials and to verify student’s and
employer’s certificates.
When the certificate is created, its data will be converted into a
hash or a string of random letters and numbers then it is stored
on popular decentralized blockchain Ethereum.
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10. “
Also, read about
Blockchain-based Industries in
Singapore
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11. As the government is also taking initiative to bring blockchain into
government projects, as a result, Singapore became an international fintech
hub for Blockchain Development Services.
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12. Want Big Impact?
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13. BITDEAL
- Blockchain Development Company in Singapore
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Bitdeal, a globally Recognised Blockchain Development
Company in Singapore with a solid background,
providing creative, innovative, and goal-oriented
Blockchain Solutions in and around the globe.
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