Wells Fargo create own blockchain

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Wells Fargo has announced it will create its own crypto currency and blockchain to make money transfers and payments faster. The new crypto will be pegged (based) on the US Dollar.
https://www.reuters.com/article/us-wells-fargo-blockchain/wells-fargo-tests-cryptocurrency-for-internal-transactions-idUSKBN1W22D3

Wells Fargo create own blockchain | Ecency