Government And Academic Support Are Giving Singapore An Edge In The Blockchain Race // Forbes Asia  2018-05-30T11:49:14-05:00

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Thanks to its business and tech-friendly policies, Singapore ranks among the top cities for startups and is also a leading smart city. No surprise, then, that it’s also home to a number of promising and well-funded blockchain startups and could become a leader for blockchain disruption.

Researchers recently found that the global blockchain market could surpass $7.7 billion by 2024, driven in part by financial sector growth in India and China, so having a friendly regulatory and financial environment is prudent. Positioning itself as a blockchain hub allows Singapore to capture lucrative investments and opportunities in the future. The government seems well aware of that, as evidenced by recent moves.

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