SA banks involved in government's new blockchain experiment

Hanno Labuschagne

Journalist
Staff member
Joined
Sep 2, 2019
Messages
2,325

SA banks involved in government's new blockchain experiment

The Intergovernmental Fintech Working Group (IFWG) Innovation Hub has announced the launch of Project Khokha 2 with the goal to explore the policy and regulatory implications of innovation in financial markets driven by distributed ledger technology.

Distributed ledger technology is better known as blockchain technology.

The first Project Khokha experiment in 2018 used a system based on Ethereum to test how a blockchain-based network would handle interbank settlements — large transfers of value between banks.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
41,929
Will fail again, we said to them to use SOL instead, ETH can't scale, this is just another fork of it.
 

Stillie

Expert Member
Joined
Dec 10, 2009
Messages
3,140
Im calling it now, but BMA (Block Markets Africa) will be in some scandal in a couple years time about some tender corruption as this site seems to only be created a year ago.
 

Herr der Verboten

Executive Member
Joined
Feb 14, 2012
Messages
9,940

SA banks involved in government's new blockchain experiment

The Intergovernmental Fintech Working Group (IFWG) Innovation Hub has announced the launch of Project Khokha 2 with the goal to explore the policy and regulatory implications of innovation in financial markets driven by distributed ledger technology.

Distributed ledger technology is better known as blockchain technology.

The first Project Khokha experiment in 2018 used a system based on Ethereum to test how a blockchain-based network would handle interbank settlements — large transfers of value between banks.

kokaai?

English not decolonized enough :rolleyes:
 

B-1

Expert Member
Joined
Apr 17, 2020
Messages
2,394
Is this for when the rand fails then we all gonna Khokha?
 
Top