Which is the Best Blockchain Development Company In Singapore?
Bitdeal, a globally Recognised Blockchain Development Company in Singapore with a solid background, providing creative, innovative, and goal-oriented Blockchain Solutions in and around the globe.
Blockchain in Singapore
Singapore, a small island nation covering a population of only 5.8 million people, became an international fintech hub and is also moving ahead as one of the leading blockchain development countries in the world.
According to Genesis Market Insights Report, Asia Pacific regions are leveraging the Blockchain widely. Another Report by Consulting firm PWC highlights that 82% of blockchain initiatives are underway, Out of it, 13% have brought the initiatives live to the market.
Blockchain Regulation in Singapore
Without any doubt, Singapore is one of the countries giving much attention to blockchain technology and Blockchain Regulations around the world. As I mentioned in the Previous Blog, Singapore is commonly referred to as one of the world's Crypto-haven.
Therefore, the use and trading of bitcoin and various popular Cryptocurrency in Singapore is Legal.
Regarding blockchain innovation, authorities in Singapore through its central bank and the Monetary Authority of Singapore (MAS) has launched several programs to apply this technology to their advantage.
Future Asian blockchain Hub - Singapore
Apart from Blockchain Regulation, Singapore is promised to become the Future Asian blockchain Hub. In recent years, Singapore is one of the potential marketplaces in the world giving its space to cryptocurrency-related business services to its users with a stable financial system and also having more than 400 fin-tech startups.
MAS has done a collaborative project called Project Ubin with industry partners using blockchain for the clearance and settlement of inter-banking payments and securities without revealing any transactional privacy.
Blockchain-Based Projects/Services in Singapore
Open Trade Blockchain
Project Ubin
OpenCerts
Blockchain-Based Industry in Singapore
Blockchain in Education
Blockchain in Food Industry
Blockchain in Health care
Bitdeal - Blockchain Development Company in Singapore
We bitdeal Initially started our journey in analyzing blockchain and now we have grown to a place to provide high-end Blockchain Services to all industries. we have a team of A+ Blockchain experts who have exposure in developing and deploying, custom, offshore, private, public Blockchain development.
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