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BBVA COMPLETE BLOCKCHAIN-BASED MONEY TRANSFER PILOT

BBVA COMPLETE BLOCKCHAIN-BASED MONEY TRANSFER PILOT

BBVA completed the first real-lifeimplementation of an international money transfer using Ripple’s new distributed ledger technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed transfers between Spain and Mexico in a matter of seconds. Currently, transfers between countries take up to four days to clear. The use of disruptive technologies such as DLT [...]

The post BBVA COMPLETE BLOCKCHAIN-BASED MONEY TRANSFER PILOT appeared first on Payments Cards & Mobile.

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