Citi Is Working on ‘Citicoin’ for Cross-border Payments



International Business Times revealed that the global bank Citi is developing blockchains within the bank and test-coins to run across them. Ken Moore, head of Citi Innovation Labs, confirmed that the bank has been looking at distributed ledger technology for the last few years and has amassed a skilled team. They have built three blockchains and a test currency to run across them.



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Editorial Staff

Editorial Staff at SG Fintech is a team of Fintech enthusiasts.