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Phase 5: Enabling Broad Ecosystem Opportunities

Phase 5 was the final experimental phase of Project Ubin, and focused on proving value and building a foundation for future live pilots and trials by the industry.

The report “Project Ubin Phase 5: Enabling Broad Ecosystem Opportunities”, provides technical insights into the blockchain-based multi-currency payments network prototype that was built and describes how the network could benefit the financial industry and blockchain ecosystem. The report will be made available at: https://www.mas.gov.sg/schemes-and-initiatives/Project-Ubin

Technical specifications for the functionalities and connectivity interfaces of the prototype network have been made publicly available to spur further industry development. This is available in https://github.com/project-ubin/UbinV/blob/master/API%20Specifications.pdf - version as of release date (13 July 2020) is v0.7.