South Africa’s Central Bank Sees Ethereum Blockchain Only as ‘Backup’

Share:
Crypto New Media
South Africa’s Central Bank Sees Ethereum Blockchain Only as ‘Backup’

Crypto New Media Press

The South African Reserve Bank (SARB), South Africa’s Central Bank, has concluded a multi-bank project to test bank-to-bank payment transfers using the Ethereum based platform, Quorum. Project Khokha is a collaboration of eight South African banks including SARB, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank. 70,000 Transactions in Two Hours The project used […]

The post South Africa’s Central Bank Sees Ethereum Blockchain Only as ‘Backup’ appeared first on Crypto New Media.

No comments