The South African regulator can launch a blockchain-based platform

The South African regulator can launch a blockchain-based platform
The Central Bank of South Africa announced plans to use blockchain technology based on the Ethereum for performing interbank transactions.

The regulator completed the testing of the platform within the Project Khokha project.

During the testing, it was proved in practice and in close cooperation with the banks of the country that the distributed ledger technology allows online processing of transactions in a simplified scheme than with traditional payment systems.

Almost 99% of all test transactions on the blockchain were processed ...
Read more about "The South African regulator can launch a blockchain-based platform" on coinatory.com

Comments

  1. byodbuzz06November 28, 2018 at 8:02 AM

    A great piece that sheds much needed light on some of the great theoretical/ideological debates in the contemporary crypto space. At CleanApp Foundation, we appreciate the emphasis on pragmatism, and emphasis on Blockchain/DTL/Crypto projects that offer real social utility. Looking forward to engaging more with your crew!

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