South Africa’s Central Bank Flourished in Blockchain Payment Trail

[Vladar49]

The Central Bank of South Africa disclosed flabbergasting outcomes on Tuesday for a particular trial of its blockchain-based system for interbank clearance and settlement.

South Africa Reserve Bank (SARB) noted that it has fully finished a 14-week accurate proof-of-concept that successfully managed to sort out the country's expected 70,000 daily payment transactions in a period of two hours taking an average of 1-2 seconds to create and generate each particular block while maintaining maximum anonymity.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/south-africa-centr ... lockchain/

[dianadsouza]

The trends of cryptocurrency are swiftly overtaking the present financial market all over the world but according to the source, Africa could be the next frontier for crypto.

In a recent report, the major Bitcoin exchanges, Golix embrace Africa by expanding its services across the southern regions of Africa.

Read news here: https://coinpedia.org/news/africa-next- ... ocurrency/