While a volatile cryptocurrency market continues to convulse from heightened scrutiny and unpredictable regulatory enforcement actions in the U.S., big banks and investors in Singapore are placing significant bets on blockchain technology as a way to transmit money and trade assets more effectively 24/7/365. The public-private projects, spearheaded by Singapore’s central bank on the one hand, and Temasek, Singapore’s DBS Bank and JPMorgan Chase on the other, continue to test the use case for blockchain.
JPMorgan, DBS, Temasek Bet Big on Asia’s Blockchain Race
