Commonwealth Bank of Australia Completed A Successful "Smart Money" TrialsteemCreated with Sketch.

in #australia • 5 years ago

The federal science agency and the top commercial financial institutions in Australia reveal they have finished an efficacious trial of a prototype Blockchain technology App to make money very "smart." DLT-powered smart money have gigantic social and economic boons for Australia’s insurance scheme for all people who are living with disabilities and incapacities.

The Commonwealth Bank of Australia (CommBank) and Commonwealth Scientific and Industrial Research Organization's (CSIRO) Data61 division declared the completion of the trial on November 13, 2018, indicating the DLT-based “computerised money" App will help in insurance budgeting.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/commonwealth-bank-of-australia/

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#banking #smartmoney #blockchain #cryptocurrency
5 years ago in #australia by
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