New Blockchain for Trade & Connectivity Network will assure reliable supply chains and strengthen trust in Singapore as a global trading hub

MR No.: 097/20

Singapore, Monday, 7 December 2020

COVID-19 has accelerated the need for Singapore to generate new digital relationships with the world. As data, financial and trade flows increasingly become digitalised, there is a corresponding need for secure and trustworthy ways to transact.  The Singapore University of Social Sciences (SUSS), has worked with Enterprise Singapore (ESG) to launch the Blockchain for Trade & Connectivity (BTC) Network - a unifying platform that allows blockchain and other technologies to operate together. This initiative is supported by National Research Foundation.