Synopsis:
The Monetary Authority of Singapore launched Project Orchid to explore the technical feasibility and infrastructure required for a digital Singapore Dollar.
This session showcases multiple industry-led digital money pilots and the use of purpose-bound money, covering the singleness of money and embedded policy compliance in digital money.
Showcases include:
1. Ecommerce – PBM for escrow arrangement
2. Fungibility trial for Digital Singapore Dollar
3. Institutional PBM with payment controls for deposit token transferability
4. Programmable rewards by Singapore Pitstop Industry Pilot
Moderators:
- Laura Loh, Director, Investment (Blockchain) , Temasek International,
- Alan Lim, Head, FinTech Infrastructure Office, Monetary Authority of Singapore
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