Top Australian banks join IBM, Scentre in blockchain project

Australia's top three banks said on Thursday they have agreed to partner

Top Australian banks join IBM, Scentre in blockchain project

Curated via Twitter from Reuters Tech News’s twitter account….

A new blockchain platform is being tested on a group of retail property leasing customers in an eight-week pilot program. “While the pilot is focussed on retail property leasing, this technology has the potential to benefit many sectors and reduce the risk of fraud across billions of dollars guaranteed by the banks,” Didier Van Not, general manager corporate and institutional banking at Westpac, said in a statement.

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