Daily Briefing: Singapore to unveil electronic payment system; New land reclamation reduces Singapore's reliance on sand

And here's how you can invest in the technological disruptions.

Singapore will use blockchain, the technology behind the cryptocurrency Bitcoin, launch a new electronic payment system. The Singapore stock exchange and eight banks will take part in the pilot project, which includes payment between banks, said Monetary Authority of Singapore (MAS) chief executive Ravi Menon at the Singapore Fintech Festival. Check out the full story here.

A new land reclamation method will be used on the northwestern tip of Pulau Tekong in the goals of helping Singapore reduce its reliance on sand. Called the polder development method, it will be used by the HDB for the project, said National Development Minister Lawrence Wong during a site visit to Pulau Tekong. Read the full story here.

With retail investors seeking relatively safe investments, they will have to look elsewhere as technology companies, especially those at the incubation stage, tend to be riskier. One way they can go around this is to rely on stable companies that manufacture the technology hardware and semiconductors that these technology companies will require. Read more here.

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