Top Spanish Banks Finalize Trial of Payments Using Smart Contracts.
18 Jul 2020, 23:23
Top Spanish Banks Finalize Trial of Payments Using Smart Contracts
Five major Spanish banking institutions have completed a proof-of-concept for payments using smart contracts. Using smart contracts automates the execution and settlement of payments once certain pre-conditions are met.
The average processing time per completed payment was reportedly 2.5 seconds.
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#proof_of_concept
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