South African Banks Trial Blockchain Solutions

[jamie.redman1]

Blockchain technology proponents are staking claims in Africa, paying special attention to banks. Six African banking institutions are making sure financial tech doesn’t disrupt their businesses by working together to connect their systems with distributed ledgers.

Absa & Barclays Africa Testing Multiple Platforms Across the South African Region

One of the leading banks promoting blockchain technology is Absa, a partner with Barclays Africa. Absa has also joined up with the R3 CEV consortium and is one of the first African banks to do so. Absa and the other banks collaborating in the South African region are trying to develop a blockchain-based banking solution to create a more efficient and less costly financial system.


https://news.bitcoin.com/african-banks- ... solutions/

[iFixBTCmemoryIssues]

Blockchain technology proponents are staking claims in Africa, paying special attention to banks. Six African banking institutions are making sure financial tech doesn’t disrupt their businesses by working together to connect their systems with distributed ledgers.

Absa & Barclays Africa Testing Multiple Platforms Across the South African Region

One of the leading banks promoting blockchain technology is Absa, a partner with Barclays Africa. Absa has also joined up with the R3 CEV consortium and is one of the first African banks to do so. Absa and the other banks collaborating in the South African region are trying to develop a blockchain-based banking solution to create a more efficient and less costly financial system.


https://news.bitcoin.com/african-banks- ... solutions/

Good news for South Africa, they have a good amount of demand for Bitcoin and it has only been growing!!!!!!