A group of European banks has conducted a number of financial transactions in real time mode on a jointly developed digital platform named we.trade using blockchain technology, finversia.ru writes with reference to the Coindesk message. During the last 5 days, financial transactions were conducted in real time mode between 10 companies with the participation of 4 banks that used blockchain technology. Coindesk quotes IBM CEO Parma Sangha as saying: “As we.trade moved from pilot applications to real cross-border operations, it has demonstrated the power of blockchain technology.” We.trade, a blockchain platform based on the IBM digital platform, currently operates in 11 European countries.
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