‘Real-World’ Ethereum-Based Blockchain Payments Trial a Success: South Africa’s Central Bank
The central bank revealed the practical platform was deployed in a “realistic test environment” wherein the blockchain was able to handle the entire typical daily volume of South Africa’s Real Time Gross Settlement System (SAMOS), about 70,000 transactions, in about 75 minutes. On average, transactions were processed within 2 seconds with full confidentiality and a 100% settlement rate.
Interesting article, especially since it's coming from South Africa, which I'm no fan of the current government there, to say the least.
Read the full story here...
https://www.ccn.com/real-world-ethereum-based-blockchain-payments-trial-a-success-south-africas-central-bank/
Still looking for the best way to short the South African Rand....?
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Nice