Singapore, the first accelerated fintech patent has been granted

The Singapore Intellectual Property Office (IPOS) has approved the project presented by a technology company that uses the blockchain. As reported by Fintech News, the procedure took only seven months (usually it takes more than four years), a key factor in this field.
Daren Tang, Chief Executive of IPOS, says: “Singapore already has all the ingredients for a vibrant innovation ecosystem. Our broad IP network reaches out to over 70 countries which account for more than 90 per cent of global GDP.”