Bitcoin Forum
December 17, 2017, 06:58:37 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2016-01-21] Bank consortium R3CEV successfully tests Bitcoin tech in traditiona  (Read 182 times)
a7mos
Hero Member
*****
Offline Offline

Activity: 560



View Profile
January 21, 2016, 12:20:24 PM
 #1

Bank consortium R3CEV successfully tests Bitcoin tech in traditional bank transactions

R3CEV, a startup dedicated to bringing blockchain technology to traditional finance, yesterday ran a successful test of transactions between 11 of the world’s largest financial institutions. This represents a big step forward in bringing blockchain, the foundation for Bitcoin, to traditional banking.

The test, which connected the banks on a private ‘distributed ledger’ using Microsoft’s cloud-based Azure service, allowed participants to execute sample financial transactions instantly, globally, and without a centralized third-party clearing house.

https://thestack.com/cloud/2016/01/21/bank-consortium-r3cev-successfully-tests-bitcoin-tech-in-traditional-bank-transactions/
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!