German Banks Reveal Success in Blockchain Settlement Trial

Deutsche Boerse AG and Commerzbank mentioned on Wednesday they collaborated to check the usage of blockchain expertise for automating the securities settlement course of. The German banks mentioned their prototype transaction included executing a legally binding settlement of a repo commerce utilizing a distributed ledger, the identical expertise that underpins cryptocurrencies like Bitcoin. After testing …

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From https://www.cashbits.io/german-banks-reveal-success-in-blockchain-settlement-trial/

from
https://cashbitsio0.wordpress.com/2020/03/06/german-banks-reveal-success-in-blockchain-settlement-trial/