South Africa’s central bank has launched a program that will trial JPMorgan’s Quorum blockchain potential in interbank clearing and settlement. According to an official statement dated Feb. 13, the South…

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Ripple has landed its largest client yet, with Santander Bank’s U.K. division announcing a mobile app powered by the company’s distributed ledger on Friday. The bank had been piloting the…

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How do banks pay each other?  In most countries, when banks want to transfer money to each other, perhaps upon instruction from a customer, they don’t put bundles of banknotes…

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How do banks pay each other?  In most countries, when banks want to transfer money to each other, perhaps upon instruction from a customer, they don’t put bundles of banknotes…

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This post aims to explain the various common forms of money that exist today, and the words we use to describe them. Terminology Confusingly, terminology differs from country to country…

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