28 Apr 2021

Joint venture with J.P. Morgan and Temasek to develop a common and open industry platform for payments, trade and foreign exchange settlement through the use of blockchain solutions

Partner Benjamin Cheong from Rajah & Tann Singapore is acting for DBS Bank in its joint venture with J.P. Morgan and Temasek to develop a common and open industry platform for payments, trade and foreign exchange settlement through the use of blockchain solutions, which builds on the joint venture members’ past work as part of Project Ubin (a multi-phase industry initiative, led by the Monetary Authority of Singapore, to explore the use of blockchain technology for clearing and settlement of payments and securities).