Technology Technology

Singapore spearheading global initiative for blockchain-based instant cross-border settlements

By Jet Damazo-Santos
  • 03 Nov 2022 06:00
  • 03 Nov 2022 06:00
Singapore's central bank is spearheading a new global initiative that aims to enable instant cross-border settlements across existing payment systems based on distributed -edger technology. 
Called Project Ubin+, the new initiative builds on Singapore's various experiments with the private sector and other central banks over the past five years to

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Jet Damazo-Santos

Correspondent, Jakarta


Jet Damazo-Santos has been covering antitrust, data protection and other compliance issues in key jurisdictions in Southeast Asia for MLex full time since 2018. She has almost two decades of journalism experience in the Philippines and Indonesia, where she was the associate editor for the Jakarta Globe and the Jakarta bureau chief for Rappler Indonesia prior to joining MLex. She holds a master's degree in Applied Business Economics from the University of Asia and the Pacific.

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