Absa Bank Joins R3 to Advance Blockchain Development in Africa

[kreslik.news]

Absa Bank, the South African subsidiary of Barclays Africa Group, has joined the R3 blockchain consortium representing over fifty major corporations from around the world. Absa will also be working towards developing a collaborative working group with other South African banks to develop the African continent’s first distributed ledger-based banking solution.

David Rutter, CEO of R3, commenאד: “The addition of Absa marks another significant milestone for R3 as we continue to expand the global presence of our consortium. Africa is a key market for us and we look forward to collaborating with Absa to develop distributed and shared ledger technologies that have ... (read more)