Singapore’s relationship with Ethereum

Singapore’s relationship with Ethereum

By cryotosensei | CryptoSensei | 12 Mar 2024


Singapore’s relationship with Ethereum

Singapore wants to be a crypto hub. It seems to have set its sight on Ethereum, making inroads into the ecosystem, establishing ties with the ETH community. Here are some examples:

1. The Singapore government is using the Ethereum blockchain to verify government issued certificates (like vaccination certs) (Source: https://www.verify.gov.sg/)

2. Ethereum blockchain has 5 testnets i.e Goerli, Sepolia, Ropsten, Rinkeby & Kovan. Kovan is named after a metro station in Singapore.

3. A 3-day event called Ethereum Singapore 2023 was held last year, featuring prominent speakers Vitalik, Aya Miyaguchi (Executive Director of the Ethereum Foundation), and Ed Felten (Co-founder of Arbitrum). Singapore has always positioned itself as a Garden City, a nod to our determination to include pockets of greenery amidst our concrete-packed city. This event was called “Infinite Garden City”, with Ethereum lauded as an infinite garden. (Source: https://cryptoevents.global/ethereum-singapore-2023/)

4. Ethereum Singapore 2023 must have been a success because we are going to host and organise Ethereum Singapore 2024 from Sept 16-23. Who knows, the next groundbreaking technologies and products could be conceptualised during the hackathon? (Source: https://ethereumsingapore.com) Check out the updates from the official X account (https://twitter.com/ethereum_sg?lang=en)

5. Some companies in Singapore empower their customers to pay for their purchases with Ethereum. Examples include homeware e-retailer &glazed and homegrown fashion brand Charles & Keith. (Source: https://www.channelnewsasia.com/business/cryptocurrency-payment-business-bitcoin-ethereum-2680091)

6. AXS - a bill payment platform - has partnered Triple A - a crypto payment platform - to enable Singapore to pay for their bills issued by private and government organisations with Ethereum. A 2% service fee is included, though. Regardless, this means that I can pay for my utilities bill with my earnings from r/ethtrader! (Source: https://www.axs.com.sg/newsroom_axs_triple_a.php)

Join me at r/ethtrader

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cryotosensei
cryotosensei

budding investor


CryptoSensei
CryptoSensei

chronicles of an English teacher

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