Some of the world’s biggest banks are said to be investing around $50 million to build a blockchain-based digital cash settlement system. A Reuters report on Friday, citing “people familiar with the plans,” said possibly a dozen unspecified banks are involved in the project. The participating banks will reportedly be setting up a new entity called Fnality for the project, which could launch next year.
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Bringing digital securities mainstream, one business at a time
Frank and digital security expert Aaron Kaplan discuss the future of digital securities, current regulations, and the Prometheus blockchain...
