Singapore + Ethereum Blockchain🔥

in #ethereum7 years ago (edited)

Singapore wants to be the leader in fin-tech (finacial technology). It's no wonder they made the move they just did. Monetary Authority of Singapore put out BIG news; annoucing that phase one of tokenizing Singaporean Dollars through an ethereum blockchain has successfully completed. This means that Singapore plans to upgrade its entire economy using the Ethereum blockchain, allowing accuracy and lighting fast transactions. This is exciting news as Ether continues to climb the charts!

Article Source: Cryptocoinsnews.com

https://www.cryptocoinsnews.com/singapores-central-bank-tokenizes-dollar-via-ethereum-blockchain/

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Thank you for posting this. This looks like big news for Ethereum and the rest of the world as well. I went to Singapore a few years ago and was very impressed with the way the country was run (e.g. cleanlieness, lack of crime and financial security) It's no wonder that smart investors like Jim Rogers and Larry Edleson had emigrated from US and based themselves in Singapore. The Government seems to be very proactive in the development and use of new technologies (such as fin-tech area) and could become a model for the rest of the model to follow. On the strength of this news, I've topped up on my Ethereum today. @marketreport @crypt0 @maneco @vizualsamuri

Agreed, Singapore is definitely taking big 1st steps in this industry; reassuring that we are only at the ground level of what's to come. Let's see who follows up:-) thank you for your comment!

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