RBC experimenting with blockchain to help move payments between its US % Canadian banks
A piece from Reuters worth checking out:
- Royal Bank of Canada is experimenting with blockchain to help move payments between its U.S. and Canadian banks
- Use of distributed ledger technology would improve the speed of payments, reduce complexity and lower costs
- The bank developed the system over the past six months
- The technology was integrated into RBC's existing systems several weeks ago as a "shadow" to RBC's primary ledger
Link is here for more
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