The post Singapore Exploring Tokenized Fiat and Smart Contracts appeared first on Coinpedia Fintech News
DBS, a Singapore-based financial services business, is collaborating with Open Government Products, a Singapore government IT team, to establish a live test for the issue of purpose-bound money-based (PBM) vouchers. The vouchers are produced on a blockchain using tokenized Singapore dollars to enable “real-world” live transactions with particular merchants. This is a part of Project …

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