In a previous interview with The Edge Singapore, Partior CEO Jason Thompson said the firm has been building out its services and focusing on scalability. Within this year, Partior is looking to expand its end-to-end settlement currencies to eight from the current two of the Singapore dollar and US dollar.
The Monetary Authority of Singapore (MAS) is launching Project Ubin+, a global initiative on the cross border exchange and settlement of foreign currency transactions using wholesale central bank digital currency (CBDC), according to its managing director Ravi Menon during his opening address at the Singapore FinTech Festival 2022.
Projet Ubin was first commenced in 2016 to explore the use of blockchain and distributed ledger technology (DLT) for clearing and settlement services. This is the genesis of Partior, a homegrown blockchain-based technology provider for payments clearing and settlement.
