Standard Bank Group Incorporates Hedera Hashgraph for Cross Border Trade

[Anonymous No.29951437]

Standard Bank Group, the largest African bank by assets, has partnered with Hedera Hashgraph, to address issues regarding the development of cross-border trade. Standard Bank will establish the continent’s first Hedera network node, according to a release.

Hedera is an enterprise-ready blockchain that is designed to handle real-world transactions. Hedera states that by using their blockchain ecosystem, Standard Bank can reduce bottlenecks and settlement periods while adding transparency to the process.

Standard Bank Group has previously leveraged blockchain for several use cases, including foreign exchange (FX) payments and settlements.

Adrian Vermooten, Standard Bank’s Chief Innovation Officer, said they have established that blockchain technology can track and leapfrog legacy issues that prevent a seamless and transparent payment experience:

[Anonymous No.29951473]

>>29951437
Great another breakthrough...another dump. FML

[Anonymous No.29951540]

>>29951473
this. STOP ACCOMPLISHING THINGS. once we become a dead chain like cardano, we will finally moon

[Anonymous No.29951558]

Bullish af
This a long hold faggot sell your bags or stfu, this shit is going to the fuckin moon, you'd have to be retarded to think otherwise after a small bit of research ibto it

[Anonymous No.29951579]

I hold about 200k hashies and that's it. Nothing else is worth holding right now. I'd pick up some ADA and Iota if they were still cheap but they're not.

[Anonymous No.29951584]

>>29951437
>>29951437
>Standard Bank Group
13.89B Market Cap

[Anonymous No.29951608]

link the source OP.
prove that this isnt a scam right now fucker

[Anonymous No.29951629]

I'm just buying a few hundred euro worth whenever it dips, did the same with link for a year. Never selling link and won't be selling this. Its a gem in the dirt just like link was

[Anonymous No.29951655]

>>29951608
https://www.crowdfundinsider.com/2021/02/172562-standard-bank-group-incorporates-hedera-hashgraph-for-cross-border-trade/

[Anonymous No.29951753]

>>29951629
Yep, this play is just as obvious as Link. It doesn't have a cult like following yet, but it will with time because Hedera is that good of a coin

[Anonymous No.29951760]

>>29951437
A blockchain that's centralised. Why not just let the kikes rape your family and kids now?

[Anonymous No.29951761]

>>29951608

[Anonymous No.29951848]

>>29951753
I love link and the memes and fudding and pumping but truth is link never needed biz money or wanted us and the price action on link is not driven by us but adoption. This is the same. I think link and hbar is the solution for real enterprise adoption of distributed legers, smartcontracts and oracles. Then again people laughed at me when I showed them email on mobile phones in the 90s and asked why anyone would want it

[Anonymous No.29951963]

>>29951760
Its not centralised though at all anymore than any node driven network, its just in this case a wide variety of major corporates are running the nodes, from Deutsche Telecom and Google to IMB and Boeing. Now if you had intelligence you would have also bought link and bought it because of swift and its links to major corporates. Clearly you did not. You are wrong about it being centralised, corporations distrust each other even more than little you , they also host more reliable node networks if distributed between them, which is exactly what HBAR does

[Anonymous No.29952004]

>>29951584
>>Standard Bank Group
>13.89B Market Cap
https://ycharts.com/companies/SGBLY/market_cap

[Anonymous No.29952044]

>>29951608
https://fintechzoom.com/fintech_news_stock-market/ibm-stock-hedera-makes-inroads-in-africa-as-standard-bank-group-becomes-node-operator-by-fintech-zoom/

[Anonymous No.29952082]

>>29952044

IBM Stock – Hedera makes inroads in Africa as Standard Bank Group becomes node operator By Fintech Zoom

Hedera makes inroads in Africa as Standard Bank Group becomes node operator
Standard Bank Group — Africa’s largest bank by assets — has partnered with enterprise-grade distributed ledger technology project Hedera Hashgraph.

According to a joint announcement, the African banking giant now joins other major corporations like Google (NASDAQ:), LG, and IBM (NYSE:) as a member of the Hedera Governing Council.

[Anonymous No.29952109]

>>29951608
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.

According to the bank, it will establish the continent’s first Hedera network node, which is set to soothe some of the sore points that have historically beset the development of cross-border trade.

A distributed ledger is a consensus of replicated, shared and synchronised digital data geographically spread across multiple sites, countries, or institutions. Unlike with a distributed database, there is no central administrator.

Standard Bank’s move comes after SA’s Intergovernmental Fintech Working Group (IFWG) Innovation Hub recently announced the launch of Project Khokha 2 to explore the policy and regulatory implications of innovation in financial markets driven by DLT.https://www.itweb.co.za/content/dgp45va6KZz7X9l8

[Anonymous No.29952133]