MAS, ABS release distributed ledger prototype source-codes

They also released a report detailing findings of the project.

The consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) released the source-codes on distributed ledger technology (DLT) prototypes they developed for inter-bank payments.

According to a press release, the consortium also released a report describing the prototypes made on three DLT platforms, namely Corda, Hyperledger Fabric, and Quorum.

The three prototypes have been developed under Project Ubin Phase 2. Their source-codes and documentation were released for public access under Apache License Version 2.0.

MAS said academics can use the available resources to perform additional research on areas relating to DLT.

Financial institutions can reference the privacy-preservation models for internal projects. In addition, the resources enable central banks to reuse the prototypes to conduct internal trials on domestic inter-bank payments.

Phase 2 of Project Ubin was conducted together with 11 financial institutions and five technology companies.

Also Read

ESR-LOGOS secures $225m and JPY15.5b sustainability-linked term loans

Singapore leads SEA in FinTech funding

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit