“Some of the world’s biggest banks are said to be investing around $50 million to build a blockchain-based digital cash settlement system.
A Reuters report on Friday, citing “people familiar with the plans,” said possibly a dozen unspecified banks are involved in the project. The participating banks will reportedly be setting up a new entity called Fnality for the project, which could launch next year…”
For More:
https://www.coindesk.com/top-banks-investing-50-million-to-build-blockchain-settlement-system
