The teams from the two central banks used a novel technique named Hashed Time-Locked Contracts (HTLC) to allow for payments without the need for a trusted third party.
Are the central banks really planning to issue their own digital currencies? And what are some of the possible implications and why it matters?
Singaporean central banker said blockchain is maturing and proving to be quite useful in areas such as clearing and settlements and trade finance that rely on permissioned networks.
The Singaporean central bank and the city state’s stock exchange are partnering to create a blockchain-based settlement system for tokenized assets that are widely believed to be the future of securities trading.
