Signet by Signature Bank: A blockchain-based payment system

Signet by Signature Bank A blockchain-based payment system

The Signature Bank based in New York has been approved to launch a blockchain-based digital payments platform for real-time payments called Signet. It is claimed that the platform will process transactions securely without transaction fee and without the involvement of third parties. However, it mandates the holding of $250,000 as the minimum balance.  

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