Major banks pledge $50m to develop digital cash settlement system
The names of the banks have not been disclosed.
The names of the banks have not been disclosed.
Building P2P networks for trade finance.
BNY Mellon, Deutsche Bank, ICAP and Santander have joined UBS and Clearmatics to advance their utility settlement coin (USC) concept, and plan tests in a real-market environment. USC is a digital cash model for payments and settlement. It will run on blockchain and be another rival to Bitcoin. The group plan to build on the […]
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