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Article • Aug 22, 2024

DBS Bank Utilizes Blockchain for Government Grant Disbursements

Orchid
Summary
  • The pilot showed how blockchain-based programmable grants can enhance efficiency and speed up access to government grants for businesses.
  • The solution allows for automatic disbursement of grants upon fulfillment of conditions, reducing the need for manual cash handling.

Source: https://cointelegraph.com/news/dbs-bank-blockchain-government-grants

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