SINGAPORE (Nov 6): The Land Transport Authority of Singapore (LTA) will be piloting a blockchain-based conditional payments solution from Oversea-Chinese Banking Corpo­ration (OCBC), to disburse mobilisation advance payments efficiently with greater transparency to its main contractors.

Often amounting to millions due to the scale of the construction projects, mobilisation advance payment helps the main contractors defray heavy upfront capital outlays at...(click on link for full story on theedgesingapore.com)