Around 100 Italian Banks Are Officially on a Blockchain
Banks initially signed up with the blockchain task created to enhance interbank information transfer and settlement speeds back in March 2020 and by May, 55 banks had actually signed up with the network.According to ABI’s statement, because March 204 million deals were processed on Spunta’s facilities, and the association anticipates this number will surpass 350 million by the end of the year. Spunta is a job produced by ABI Labs, which started trialing interbank transfers on Corda as early as 2018. Italian banks signed up with the Spunta network in waves.
