SINGAPORE (Nov 28): Marvelstone Group’s financial technology (fintech) initiative, Lattice80, has inked a memorandum of understanding (MoU) with Germany-based IOTA Foundation to open an innovation lab in Singapore.
Lattice80 is said to be the world’s largest fintech hub, whereas IOTA Foundation is the creator of IOTA cryptocurrency and open-source distributed ledger IOTA, which operates on a quantum-proof Directed Acyclic Graph, IOTA Tangle.
Through the innovation lab, the two companies intend to explore mutual interests between ecosystems as well as run joint initiatives on DLT, Internet of Things (IoT), and cryptocurrency.
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