Standard Bank Group establishes Africa s first Hedera network node finextra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finextra.com Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
JOHANNESBURG and DALLAS, Feb. 24, 2021 /PRNewswire/ Standard Bank Group, the largest African bank by assets, has partnered with Hedera Hashgraph, an enterprise-grade distributed public ledger, and joined the Hedera Governing Council. Standard Bank will establish the continent s first Hedera network node, which is set to solve some of the sore points that have historically beset the development of cross-border trade.
Lengthy settlement periods, information asymmetry between multiple parties involved in a transaction, which ends up creating delays in receiving approval from intermediaries, are some of the challenges that create bottlenecks in cross-border trade. Further, there is little to no visibility or transparency for all parties involved.
Click HERE to find out ⭐ Standard Bank Group Incorporates Hedera Hashgraph for Cross Border Trade. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
South Africa s Standard Bank joins Hedera DLT governing council - Ledger Insights ledgerinsights.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ledgerinsights.com Daily Mail and Mail on Sunday newspapers.
FloorFound Raises $4M to Turn Oversized Goods Returns into Resale Profit globalbankingandfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalbankingandfinance.com Daily Mail and Mail on Sunday newspapers.