CTO of R3: or re-engage in stage 6 of Ubin project in Singapore

According to AMBCrypto, R3 Chief Technology Officer Richard Brown said in a blog post about his Ubin project with the Monetary Authority of Singapore that the transaction takes time because it is more cost-effective to conduct batch transactions between banks. He pointed out that the early stage of Ubin was not just the issue of the Singapore dollar to the blockchain. The aim is not to completely disrupt the liquidity of all banks engaged in this transaction.