Norway Bank explores IOTA

Crypto Market News

Den Norske Bank has entered into a Memorandum of Understanding (MoU) with the IOTA Foundation. The association would be helpful to explore IOTA Tangle applications. Lasse Meholm, the chief of DLT at the DNB mentioned, “The technology is designed to handle hundreds of thousands of microtransactions per second.” The association might relax the relationship between Norwegian banks and crypto ecosystem.

Leave a Reply

Your email address will not be published. Required fields are marked *