[2016-07-06]Blockchain Company Ripple Introduces Muti-Sign Feature for Banks

[BTCBinary]

Blockchain Company Ripple Introduces Muti-Sign Feature for Banks

Ripple’s solution for secure transactions involves the introduction of multi-sign feature to the Ripple Consensus Ledger. The thefts were conducted by hackers who gained unauthorized access to the banks computers and used these compromised systems to transfer funds from the banks to offshore accounts. The funds were transmitted over the inter-bank transaction network – SWIFT...

http://www.newsbtc.com/2016/07/06/ripple-to-help-banks-secure-their-funds-using-multi-sign-feature-on-blockchain/