The Bank of England is working on a proof-of-concept (PoC) to study the compatibility of Real Time Gross Settlement (RTGS) service through Distributed Ledger Technology. The RTGS are those payments which are processed immediately ‘on a one-to-one basis.” The UK bank would associate with firms such as Baton Systems, Clearmatics Technologies Limited, R3, and others to integrate blockchain in payment solutions.
Bank of England to Trail BlockchainIncryptsMar 29, 20180226
17 mins ago
Jan 10, 2019