OCBC Taps LTA for Blockchain Payment Pilot in Construction Projects
OCBC Taps LTA for Blockchain Payment Pilot in Construction Projects
Integrated into OCBC's business banking platform, the solution provides LTA real-time visibility into transactions and bank balances, improving oversight of mobilisation advances.Over S$22m has been disbursed under the pilot.
該試點項目已撥款超過2200萬新元。
OCBC has partnered with the Land Transport Authority (LTA) to pilot its blockchain-based conditional payment solution.
華僑銀行已與陸路交通管理局（LTA）合作，試點其基於區塊鏈的有條件支付解決方案。
The solution will enable LTA to automate the disbursement of mobilisation advance payments to contractors once smart contract conditions are met.
該解決方案將使LTA能夠在滿足智能合約條件後自動向承包商支付動員預付款。
Integrated into OCBC's business banking platform, the solution provides LTA real-time visibility into transactions and bank balances, improving oversight of mobilisation advances.
該解決方案集成到華僑銀行的商業銀行平台中，使LTA能夠實時查看交易和銀行餘額，從而改善對動員進展的監督。
Over S$22m has been disbursed to three main contractors and subcontractors involved in the Cross Island Line pilot.
已向參與跨島線試點的三個主要承包商和分包商支付了超過2200萬新元。
譯文內容由第三人軟體翻譯。
