Italy’s Spunta network is built on the R3 Corda. The project is designed to “improve interbank data transfer and settlement speeds” and has drastically sped up complex interbank reconciliation processes.
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The Italian Banking Association announced the addition of 42 banks to the nation’s blockchain network, raising the total to close to 100. So reports Coindesk.
Italy’s Spunta network is built on the R3 Corda. The project is designed to “improve interbank data transfer and settlement speeds” and has drastically sped up complex interbank reconciliation processes.