[2019-04-07]Banca Mediolanum Uses Blockchain for Non-Financial Declaration

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Topic: [2019-04-07]Banca Mediolanum Uses Blockchain for Non-Financial Declaration (Read 117 times)

Vladdirescu87 (OP)

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[2019-04-07]Banca Mediolanum Uses Blockchain for Non-Financial Declaration

April 09, 2019, 02:49:32 PM

Banca Mediolanum, one of the largest financial institutions in Italy, has proclaimed that it has certified the non-financial viability (hash) of the Non-Financial Statement (DNF) on the Ethereum (ETH) Blockchain.

The bank revealed that it will soon publish the hash on its official website in order to certify its content in an absolute and immutable manner.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/mediolanum-uses-blockchain/

Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.

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