The Monetary Authority of Singapore released a whitepaper to enhance digital asset interoperability to streamline transactions across various financial networks.
The whitepaper introduces the Interlinked Network Model, which connects different digital asset platforms to prevent liquidity fragmentation.
The Monetary Authority of Singapore (MAS) has released a whitepaper detailing a new framework to enhance interoperability among digital assets. The whitepaper, titled “Interlinking Networks”, was developed in collaboration with key financial players, including JPMorgan’s Onyx unit, HSBC, Standard Chartered, and Swift, alongside prominent crypto firms like Chainlink, LayerZero, and Ava Labs.
Interlinked Network Model: A Solution to Liquidity Fragmentation
At the core of the MAS whitepaper, titled “Interlinking Networks,” is the Interlinked Network Model (INM). This innovative model proposes a unified framework that enables seamless transactions of digital assets across independe

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