TheSouthernCross.com.au

StraitsX and Grab pilot use of Purpose Bound Money during Singapore Fintech Festival 2022

  • Written by The Southern Cross

The collaboration will contribute towards an innovative, interoperable, and inclusive digital currency infrastructure leveraging on an open-sourced blockchain

SINGAPORE - Media OutReach - 1 November 2022 - StraitsX, a part of Southeast Asia Digital Financial Services Group, Fazz, and Grab, a leading superapp in Southeast Asia, today announced they will be testing the issuance of Purpose Bound Money (PBM)[1] in the form of commercial digital vouchers during the Singapore Fintech Festival (SFF) 2022.

More Articles ...

  1. Olymp Trade Becomes a Title Sponsor of Idol Fight 2022
  2. American Express Elevates the Platinum Card® in Singapore with New Benefits as Card Members’ Lifestyles Change
  3. Fully-Funded PhD Positions in 13 Cutting-Edged Fields at Academia Sinica, Taiwan’s Top Academic Institution
  4. De Beers Group: New Research Highlights Key Trends Shaping How Younger Generations Perceive, Research and Buy Diamonds
  5. Quadriga Systems Limited to be acquired by HSG Holding as part of HSG’s continued long-term acquisition and investment strategy focused on technology in the hospitality industry.
  6. TERRAOIL SWISS AG: Terraoil Announces Capital Increase
  7. Account takeover is on the rise: how to protect yourself
  8. HACOOL opens 11.11 2022 Global Shopping Festival with subsidy of 1 trillion rupiahs
  9. Skywealth Financial Group announces the launch of a real estate fund, deploying future investment strategies in the sluggish market
  10. Dasher: A Smarter Way to Keep a Home Spotless in Minutes
  11. DiningCity presents CHILL EATS, part of Hong Kong Wine & Dine Festival 2022
  12. TOYOTA GAZOO Racing GT Cup ASIA 2022: Reigning Asia Champion Nathayos Sirigaya fends off strong contenders to retain his title
  13. "CryptoPARD" OTC Flag Store HQ settles in Mong Kok with Education, Interaction and Exchanges Service
  14. theDesk teams up with Kumospace to launch the first virtual work and collaboration platform
  15. SDAX lists private real estate fund to drive social impact in the UK with social housing
  16. Swiss Chamber Eyes Bigger Role in Singapore: Businesses to Drive Innovation, HR Development
  17. Kenanga Investment Bank and AntChain Technology Inks Agreement to Adopt ‘mPaaS’ Technology for Malaysia’s First Wealth SuperApp
  18. Protecting the Best Moments: Reckitt’s brand Dettol named Official Hygiene Partner for the 2022 Cathay Pacific/HSBC Hong Kong Sevens
  19. Grand Pharma’s Global Innovative Product STC3141 Achieved the Clinical Endpoint of The Phase Ib Clinical Trial for the Treatment of ARDS in China
  20. Citi Hong Kong Continues to Underpin the Success of FinTech