[2017-11-17] 20 asian banks set to launch blockchain conglomerate by 2019

[tropyc]

During the Singapore Fintech Festival, members of Singapore and Hong Kong central banks have announced the creation of a blockchain partnership between twenty-odd banks.

Promoted by the Monetary Authority of Singapore (financial regulator), the Global Trade Connectivity Network will introduce new interbank partnerships by 2019.

Full article : https://www.tropyc.co/news/singapore-hongkong-conglomerate/

[Granxis]

It would be positive for Singapore to stand out in such an regulation, We have more time for 2019, will we wonder?

[reliable]

This could be really big if the banks get together and launch this. It would also means that those countries will start supporting it and we will have wider market in place as many countries have still not yet decided about the future of this currency in their country.