Barclays Executes Letter of Credit Transaction on Private BlockchainThese are exciting times for blockchain technology. Barclays, a world-renowned bank, and Wave, one of their accelerator graduates, conducted a live test of distributed ledger technology. A Live Letter of Credit transaction was performed and completed.This is a significant validation of blockchain technology. Wave is a company dedicated to bringing distributed ledgers to the financial sector. Ever since being part of Barclays’ accelerator programme, the startup...
http://www.newsbtc.com/2016/09/07/barclays-executes-letter-credit-transaction-private-blockchain/