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Topic: [2016-09-07]Barclays Executes Letter of Credit Transaction on Private Blockchain (Read 265 times)

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Barclays Executes Letter of Credit Transaction on Private Blockchain

These are exciting times for blockchain technology. Barclays, a world-renowned bank, and Wave, one of their accelerator graduates, conducted a live test of distributed ledger technology. A Live Letter of Credit transaction was performed and completed.This is a significant validation of blockchain technology. Wave is a company dedicated to bringing distributed ledgers to the financial sector. Ever since being part of Barclays’ accelerator programme, the startup...

http://www.newsbtc.com/2016/09/07/barclays-executes-letter-credit-transaction-private-blockchain/
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