Not a day goes by without financial institutions researching and successfully testing distributed technology. That is rather good news, as it goes to show blockchain technology can be used for many different purposes. A new prototype developed by Wells Fargo and ANZ uses distributed ledgers for correspondent banking. Its primary focus is on reconciliation and settlement, two parts of banking that need a technological overhaul...
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https://btcmanager.com/news/finance/wells-fargo-and-anz-trial-blockchain-tech-for-cross-border-payment-reconciliation/
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