---
title: "DBS Bank pilots blockchain-based government grants"
url: https://diffcoin.com/dbs-bank-pilots-blockchain-based-government-grants/
description: "The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits…"
published: 2024-08-22
updated: 2024-08-22
author: "Mila"
site: "Diffcoin"
---

# DBS Bank pilots blockchain-based government grants

The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization.

[Source link](https://cointelegraph.com/news/dbs-bank-blockchain-government-grants?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)