Singapore and Dubai Announce New Cooperation in Fintech

News
Thu, 08/30/2018 - 18:12
Alex Dovbnya
Singapore and Dubai forming a strategic cooperation. They are planning to enhance the efficiency of financial institutions by utilizing technologies as like as Blockchain
Cover image via U.Today

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.
 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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