South Africa’s Central Bank Wins Award for its Ethereum Payments Blockchain

onthehook8 (72)in #bitcoin • 6 years ago

Central Banking, a global central banking forum, has bestowed its FinTech & RegTech Award for Best Distributed Ledger Initiative to South Africa’s central bank for its successful Project Khokha, which successfully used an Ethereum blockchain platform to process interbank payments and settlements.

Interesting article, hard to believe the South African government is doing something right, but it appears they are, looking forward and adopting crypto in a small way. But what they really need to do is get rid of the Rand before it goes to zero, and adopt some form of crypto. If I lived there, first, I'd be looking to move, but second I'd be looking to get all my money out of the Rand!

Read the full story here...
https://www.ccn.com/south-africas-central-bank-wins-award-for-its-ethereum-payments-blockchain/

#south #africa #rand #money

6 years ago in #bitcoin by onthehook8 (72)

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onthehook8 (72) 6 years ago

Good to see them using the ethereum blockchain, hope it adds some volume and use case to it, the coin all the way down to $206, ouch!

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gowealth (46) 6 years ago

That's good news. I am waiting for Nigerian banks to adopt it.

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onthehook8 (72) 6 years ago

I see you're from Nigeria, is anyone using Dash over there?

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gowealth (46) 6 years ago (edited)

Nigeria is a big country, possibly someone I may not know may be using it, but I will like to explore it. I will need further information on it.

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onthehook8 (72) 6 years ago

Dash is fast becoming my favorite coin....

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gowealth (46) 6 years ago

I will look into it

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teenagecrypto (59) 6 years ago

hows it going are you doing better on steemit

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onthehook8 (72) 6 years ago

I like steemit, fun to post and read what others are posting, but the coin sure hasn't been a great investment :(

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brupvoter (62) 6 years ago

You got a 59.72% upvote from @brupvoter courtesy of @onthehook8!

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onthehook8 (72) 6 years ago

Thanks

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upmewhale (65) 6 years ago

You got a 6.11% upvote from @upmewhale courtesy of @onthehook8!

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onthehook8 (72) 6 years ago

Thanks

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oceanwhale (56) 6 years ago

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