Poland’s Largest Bank Adopts Blockchain for Data Transfer
Cryptovest
Published Sep 20, 2018 04:43PM ET
Updated Sep 20, 2018 06:00PM ET
Poland’s Largest Bank Adopts Blockchain for Data Transfer
Poland’s largest bank, PKO Bank Polski, is about to launch what it expects to be Europe’s largest client-facing blockchain implementations. With the new solution, the bank will publish documents available to its clients by using a distributed ledger. Earlier, the bank partnered with London-based blockchain firm Coinfirm to develop a distributed ledger of client documents involving transactions and agreements, among others. The bank will use Coinfirm’s Trudatum platform, which will allow its 5 million clients to browse and authenticate all of their banking data and documents.
Initially, the deal was announced in March of this year, after the bank had tested the technology for about a year. On Monday, the Polish bank said that it wa...
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