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The Race for the Future of Money - Open The Magazine

The Race for the Future of Money - Open The Magazine
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MAS Launches Expanded Initiative to Advance Cross-Border Connectivity in Wholesale CBDCs

Singapore, 3 November 2022…The Monetary Authority of Singapore (MAS) today launched Ubin+, an expanded collaboration with international partners on

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R3's Chief Information & Services Officer and Head of Asia Pacific, Amit Ghosh, on R3's Commitment to Interoperability

Traditionally, interoperability is understood as the ability of different types of computer systems to exchange information, but in the context of blockchain, it is the ability to transfer real-world assets across different blockchains, while ensuring consistency. According to experts, cross-chain interoperability will ensure that growth and innovation continue, and accelerate the broad adoption of blockchain technology globally. However, cross-chain interoperability requires more than just technical skill.

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