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OCBC Becomes First Singapore Bank to Use Blockchain for Intraday Lending

Fintech News

OCBC announced that it is the first bank in Singapore to offer intraday institutional lending using blockchain technology. By utilising blockchain technology, the exchange of cash and securities becomes near-instantaneous, a significant improvement over traditional repo markets where the process can take at least one business day.

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Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement

Fintech News

Standard Chartered and Ant International have successfully completed their first Singapore dollar (SGD) transaction using the latter’s blockchain-based Whale platform. Featured image credit: Edited from Freepik The post Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement appeared first on Fintech Singapore.

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In Conversation With Emirates NBD: Embracing AI, Blockchain and Quantum for Digital Transformation

The Fintech Times

Emerging tech: High-stakes opportunities The hype surrounding AI, blockchain and quantum computing continues to grow, and for good reason. All of these emerging technologies promise significant potential, as Rio-Tinto explains, but also present new risks. “As with any emerging technology, governance remains essential.

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Teranode Realises the Potential of Blockchain Technology

The Fintech Times

Blockchain, heralded for its potential to transform industries, is currently undergoing a divergence from its original vision, marked by a prioritisation of speculative interests over core principles like scalability and decentralisation. The blockchain sector is notorious for overpromising and underdelivering.

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OCBC and Ant International to Pilot Real-Time Blockchain Solution for Fund Settlements

Fintech News

This platform utilises blockchain technology, advanced encryption, and AI to enhance the speed, efficiency, and transparency of cross-border transactions. This demonstrates how blockchain can support evolving treasury and liquidity needs.

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Where Will the Blockchain Industry be in 5 Years?

The Fintech Times

Valued at $28.93billion in 2024 and set to hit $49.18billion in 2025, according to The Business Research Company , the blockchain market is thriving. While this growth is in part due to the success of the crypto industry, the blockchain industry is not dependent on crypto.

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W Chain Collaborates With Google Backed NeurochainAI to Drive AI-Powered Innovation in Global Payments

Fintech Finance

W Chain , a top hybrid blockchain platform for global payments, has announced its partnership with NeurochainAI, a leader in decentralized AI development. The partnership will leverage the combined strength of both the companies to transform the global payment system by deploying amalgamation of AI and blockchain technologies.