Thu, September 24

UK Banks Complete First Interbank Transactions Using Tokenised Deposits

Britain’s largest banks have completed what UK Finance describes as the “world’s first interbank transactions using tokenised deposits,” allowing blockchain-based representations of commercial bank money to move between separate banks. The transactions are part of the Great British Tokenised Deposit (GBTD) project, an industry initiative led by UK Finance to

2 hours ago 2 mins read