Barclays Bank to Use Ethereum Blockchain to Speed Up Transaction Times

Home / Barclays Bank to Use Ethereum Blockchain to Speed Up Transaction Times

The British financial institution announced their partnership with blockchain start-up Crowdz to integrate Ethereum blockchain into the Barclaycard payments. The pilot project is planned for the first six months and during this period a number of users will be transferred to the new platform to test and streamline the process. After a successful test period, Crowdz will have an access to the retail banking industry.

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