#rtgs

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newsccm

8y

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smartereum

distributedledgertechnology

8y

Bank of England will Set Up New Payment System using Innovative Blockchain Technology

Bank of England will Set Up New Payment System using Innovative Blockchain Technology

The Bank of England has published a blueprint to indicate its vision for a renewed Real Time Gross Settlement (RTGS) service. The new service is meant to deliver a stronger, flexible and more resilient

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kyungduck

9y

RTGS (real time gross settlement)

RTGS (real time gross settlement)

Ripple . Rumen. WHY? My thought on that as below. [Suppose that] You are owner of company A. You are using KRW account with bank A in Korea. You need to transfer USD 1MM today to bank B in N.Y and the