Major UK banks have completed the first live customer transactions using tokenized sterling deposits on shared infrastructure. Participants include Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander.
Major UK banks have completed the first live customer transactions using tokenized sterling deposits on shared infrastructure.
Participants include Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander.
The project is using real commercial-bank money and is testing payments including person-to-person transfers and remortgage transactions.
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Major UK banks have completed the first live customer transactions using tokenized sterling deposits on shared infrastructure. Participants include Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander. The project is using real commercial-bank money and is testing payments including person-to-person transfers and remortgage transactions.
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