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Australian ‘Big 4’ Bank Taps Blockchain to Transfer $10 to Canada, in 10 Seconds

The National Australia Bank, one of Australia’s big four banks, successfully completed its first proof-of-concept (PoC) money transfer over a blockchain. The banking brigade buoying blockchain keeps on rolling. Using Ripple’s ledger technology, the National Australia Bank (NAB), successfully transferred an AUD$10 payment from an employee’s account to another banking employee account at the Canadian […]


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Source: Australian ‘Big 4’ Bank Taps Blockchain to Transfer $10 to Canada, in 10 Seconds



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