London-based startup Setl has claimed a milestone by breaking through the 1 billion transactions-per-day barrier for blockchain movements during testing, reports the Financial Times. The breakthrough will inevitably lead to institutions in the financial services industry to further look at blockchain as a viable, large-scale model to process transactions every day. Blockchain platform and UK start-up Setl, founded by a group of executives and hedge fund investors this year had also previously announced plans to deploy a payment and settlements infrastructure with over 40 financial institutions including banks, based on blockchain technology. The infrastructure will cover multiple currencies and will […]
The post Setl Claims a Blockchain Milestone with 1 Billion Transactions in a Day appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
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