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Tue, Nov 17, 2020 6:18 PM by Coinfomania

World’s 8th Largest Bank and Others Pick Ethereum And Tezos For New Digital Currency Project 

Top financial institutions alongside two blockchain firms have teamed up to consider the implications of developing an inter-bank digital currency.  The partnership involving BNP Paribas (the world’s eighth-largest bank by assets), CA CIB, Caisse des Dépôts, Tokeny, and The Blockchain XDEV, will explore how financial institutions can conduct transactions using digital currencies.  According to yesterday’s announcement, the pilot project will be launched on both Tezos and Ethereum blockchain, and it is scheduled to be completed by next year.  “Participants will particularly consider the implications of ‘atomic’ delivery-versus-payment settlement of tokens or regulated securities exchanged on a blockchain –

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