Singapore and Dubai Announce New Cooperation in Fintech

  • Alex Dovbnya
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    Singapore and Dubai forming a strategic cooperation. They are planning to enhance the efficiency of financial institutions by utilizing technologies as like as Blockchain


Singapore and Dubai Announce New Cooperation in Fintech

Singapore and Dubai have recently strengthened their ties in fintech by forming a strategic cooperation. They are planning to enhance the efficiency of financial institutions by utilizing nascent technologies in the likes of Blockchain.

Within this collaboration, the two rapidly growing markets will focus on sharing related data on the financial sector and work on common innovative projects.

It’s worth mentioning that both Singapore and Dubai are the members of the Global Financial Innovation Network (GFIN).

Earlier, U.Today reported about Dubai’s plans to develop the first Blockchain-based government.
 

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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