Blockchain holds promise for Singapore businesses

It can help manage cash flow, boost security, build smarter and more secure supply chains, and improve trade finance

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You'd be forgiven for thinking of cryptocurrency when you hear the word blockchain.

Originally built in 2008 to underpin cryptocurrency exchanges, blockchain has now evolved into one of the world's fastest-growing technologies with the potential to reshape our economy and society in ways not seen since the advent of the Internet.

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A version of this article appeared in the print edition of The Straits Times on August 11, 2020, with the headline Blockchain holds promise for Singapore businesses. Subscribe