Concerns have been raised about the potential of blockchain technology in the financial services industry, beyond crypto asset trading platforms. While initially used for decentralised finance, blockchain has broader applications such as tracking commodities and simplifying information sharing. The financial sector is slowly recognizing the benefits of blockchain, with potential for smart financial contracts and asset tokenisation to improve efficiency and liquidity, although challenges in scaling and energy consumption need to be addressed for widespread adoption.
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Two workers rescued after being stranded on gondola at Raffles City Tower
SINGAPORE: Two workers were rescued on July 21 after becoming stranded on a gondola at Raffles City Tower, located between the 28th and 29th floors. The Singapore Civil Defence Force (SCDF) assessed the gondola's stability, secured it with safety lines, and successfully brought the workers to safety, where they were later taken to Raffles Hospital in stable condition.https://www.youtube.com/watch?v=c6-fBDQZfaI Explain It To Me Like I'm 5: Two workers were safely rescued after getting stuck on a...
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