[2016-05Santander is letting staff use the tech behind bitcoin to send money....

[trinaldao]

Santander is letting staff use the tech behind bitcoin to send money to each other

Santander has launched a new app that lets people transfer money internationally using blockchain technology, the cutting-edge database protocol that underpins bitcoin.

The main benefits of the new tech are speed and accuracy.

The new app, which for the moment is being trialled with staff, will let people transfer between £10 and £10,000.

The efficiency of the new technology means transfers will show up within 24 hours, compared to the current wait times that can vary from one day to three days.

http://uk.businessinsider.com/santander-develops-blockchain-international-payment-app-with-ripple-2016-5?IR=T

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[Karartma1]

This is going to be big. The first to create this new standard will pass it on to the other banks.
After this is achieved banking will adapt to 21st century thanks to Satoshi Nakamoto even though they will have nothing to do with him.

I don't like the world blockchain, bitcoin and banks together.