US state bankers associations to build industry-owned blockchain network
Bankers associations from 39 US states have banded together to create an industry-owned blockchain network.
Bankers associations from 39 US states have banded together to create an industry-owned blockchain network.
BELLINGS Intelligence Score: 30
Why it matters
The creation of an industry-owned blockchain network by 39 US state bankers associations is a notable structural development within the banking sector that could influence operational efficiency and interbank processes, but it is not yet a systemic or regulatory shift.
Sources
Finextra
US state bankers associations to build industry-owned blockchain network
Bankers associations from 39 US states have banded together to create an industry-owned blockchain network.