SEVEN in 10 property transaction documents in Singapore are handled with hard copies, but paperwork could soon be a thing of the past.
Separately, Singaporeans’ living environments could get another digital boost with the next phase of the Smart Estates Initiative, which is opening a fresh call for proposals, with new sites. The plan is also for a legal framework to support electronic transferable records that are interoperable with a global electronic trade framework, which Mr Iswaran said would revolutionise paperwork-reliant sectors such as shipping and cut the costs of printing and moving hundreds of pages in paper.
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