They can start and stop mining whenever they want and
generate Ethereum that will go directly to the UNICEF e-wallet. The participants would be contributing their
time, equipment and electricity.
Dr Yaacob Ibrahim, Minister for
Communications and Information, answered questions from MPs regarding scope of
the Bill and implications for CII owners, addressed privacy concerns and talked
about plans for development of cybersecurity ecosystem and workforce.
According to the Straits Times, pilot areas of an underground masterplan in the works that maps out Singapore’s underground spaces and their potential uses is set to be unveiled next year.
The Asia Pacific Digitalisation Hub will see an investment of over S$30 million from the Linde Group to develop digital technologies for its plants across the region.
Singapore Airlines (SIA) is launching the world’s first blockchain-based airline loyalty digital wallet for its KrisFlyer frequent-flyer programme in about 6 months.
The focus is on co-developing algorithms and models to allow
the early detection of failures, facilitate diagnosis of problems, reduce
downtime and improve availability of the aircraft.