The Singapore banking industry is hot for fintech and blockchain technology. The United Overseas Bank (UOB) recently had its accelerator program FinLab on August 3, which included participating in financial technology solutions and “smart contracts as a service.”
Singapore Bank Mentors a Blockchain-Based Smart Contract Project
The Singaporean multinational banking organization UOB held its inaugural program that is focused on the financial sector. Nine startups were selected, including Attores, CardUp, FinMitra, FinReg, Nickel, SsinoConnect, Stock2Day, Tuple, and Turnkey Lender. One particular project is a blockchain proof-of-concept by Attores, who’s building a platform that “simplifies the creation, deployment, and execution of smart contracts on blockchains.”
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