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Standard Bank Group establishes Africa's first Hedera network node

Standard Bank Group establishes Africa's first Hedera network node
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Standard Bank Group establishes Africa's first Hedera network node to enable much-needed digitisation of cross-border trade processes

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JOHANNESBURG and DALLAS, Feb. 24, 2021 /PRNewswire/ Standard Bank Group, the largest African bank by assets, has partnered with Hedera Hashgraph, an enterprise-grade distributed public ledger, and joined the Hedera Governing Council. Standard Bank will establish the continent s first Hedera network node, which is set to solve some of the sore points that have historically beset the development of cross-border trade.
Lengthy settlement periods, information asymmetry between multiple parties involved in a transaction, which ends up creating delays in receiving approval from intermediaries, are some of the challenges that create bottlenecks in cross-border trade. Further, there is little to no visibility or transparency for all parties involved. ....

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Standard Bank Group Incorporates Hedera Hashgraph for Cross Border Trade

Click HERE to find out ⭐ Standard Bank Group Incorporates Hedera Hashgraph for Cross Border Trade. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. ....

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South Africa's Standard Bank joins Hedera DLT governing council - Ledger Insights

South Africa's Standard Bank joins Hedera DLT governing council - Ledger Insights
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FloorFound Raises $4M to Turn Oversized Goods Returns into Resale Profit

FloorFound Raises $4M to Turn Oversized Goods Returns into Resale Profit
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