First successful live transfer between banks on IBMs hyperledger


Live transfers of money have been successful between 10 companies, spanning 5 countries all done on Blockchain technology, which was established by a consortium of 9 banks, has successfully completed a live test by doing 7 trades between 10 companies that span 5 countries including 4 different banks, all on the Blockchain platform is a Blockchain based trading platform that enables cost effective international trades, built on top of IBM’s hyperledger technology

Robert Mancone, COO of, states “The platform is a live, blockchain based trade platform. These transactions prove that is a robust and commercially viable proposition. We are delighted to have launched for the first time in the world, a blockchain based platform that enhances the overall customer experience, when trading internationally. The next step will be getting buy-in from additional banks and their customers in Europe and further afield

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