Thailand’s excise department is currently collaborating with Krungthai Bank (KTB) to establish a blockchain-based tax refund system that will streamline the entire process while helping the department to combat value-added tax (VAT) evasion, which is currently difficult to monitor and prevent due to the legacy paper-based documentation system. The tax…Continue Reading
At the recently-held Singapore Fintech Festival 2019, Tezos Southeast Asia (TSA) made the announcement that they had combined forces with Tribe Accelerator, Singapore’s first government-backed blockchain accelerator, to launch the first ever official Tezos blockchain training program in Southeast Asia to train and support blockchain developers creating applications and solutions…Continue Reading
Tribe Accelerator, Singapore’s first blockchain accelerator to receive government support and backing, recently formed a partnership with IOV Labs – formerly known as RIF Labs – an Argentina-based technology company that developed RSK, the world’s first bitcoin secured smart contract platform, and its complementary peer-to-peer solutions platform RSK Infrastructure Framework…Continue Reading
SBI Ripple Asia recently announced that they had formed a partnership with SBI Remit along with Vietnamese bank Tien Phong Commercial Joint Stock Bank to launch a blockchain-powered remittance service between the countries of Vietnam and Japan. The money transfer service will be the first such venture between both countries…Continue Reading
JPMorgan, Temasek and the Monetary Authority of Singapore (MAS) have jointly developed a blockchain-powered cross-border payments system that is capable of making payments across a broad range of currencies on the same network. MAS, Singapore’s central bank, announced that the prototype network has the potential to improve cost efficiencies for…Continue Reading
Singapore-headquartered DBS Bank and commodity trading company Trafigura are collaborating with Infocomm Media Development Authority (IMDA), the International Chamber of Commerce (ICC), Enterprise Singapore and tradetech Perlin to build a blockchain-powered open source trade platform, called the ICC TradeFlow platform. The platform is developed with an eye towards improving trade…Continue Reading
Armanino, one of the United States’ 25 largest accounting and business consulting firms, announced recently that they have released a new blockchain-based application that is the world’s first to offer real-time attestation, reducing the time of attestation reporting windows from 30 days down to just 30 seconds. Named TrustExplorer 2.0,…Continue Reading
Blockchain startup TBCASoft recently announced that they have entered a strategic collaboration with IBM and Softbank in order to develop cross-carrier blockchain solutions to transform the telecommunications industry. The collaborative effort will also enable new synergies throughout the industry, nurture new and innovative business models and provide new services to…Continue Reading
In the wake of the groundbreaking first live 5G standalone video call in Southeast Asia conducted by both Nokia and Smart, both parties have announced that they are working together to bring Industry 4.0 to the Philippines and to other areas of the region. Nokia Corporation, a Finnish multinational telecommunications…Continue Reading