Tag: Royal bank of Scotland

Royal Bank of Scotland Tests Private Ethereum Blockchain For Domestic Payments

Ethereum blockchain technology is of great importance to many financial institutions all over the world.The Royal Bank of Scotland has completed development of a clearing and settlement mechanism using the Ethereum distributed ledger. Smart contracts are also being used to automate the remaining processes. Another Validation of Ethereum Blockchain Technology Although it is well-known that nearly every financial institution in the world is looking at blockchain technology, very few projects …
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