The Royal Bank of Canada (RBC) is trialling blockchain technology for fund transfers to and from the U.S. Built using open-source tech from the Hyperledger consortium, the new system was deployed about a week ago as an underlying layer to RBC's existing payments system.
Up Next in Blockchain
The Bank of Canada is partnering with TMX Group and Payments Canada to explore how blockchain technology could be used to speed up the clearing and settling of securities.
Bank of Canada Exploring Blockchain Tech For Securities
The Globe and Mail
After months of speculation and conflicting messages, ministers have announced the Russian Federation is to issue its own official cryptocurrency – the CryptoRuble. The landmark development will make Russia the first government in the world to officially implement digital currency.