South Africa’s Central Bank Claims Success in Blockchain Payment Trial

South Africa’s Central Bank Claims Success in Blockchain Payment Trial 

South Africa’s central bank has announced some pretty astonishing results for a trial of its blockchain-based system for interbank clearance and settlement. According to a statement released Tuesday, the South Africa Reserve Bank (SARB) said it has completed a 14-week “realistic” proof-of-concept that managed to settle the country’s typical 70,000 daily payment transactions within two hours, taking an…

The post South Africa’s Central Bank Claims Success in Blockchain Payment Trial appeared first on Complete Bitcoin Guide for Beginners.

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