Exclusive: Banks to invest around $50 million in digital cash settlement project - sources2636

Several of the world's largest banks are in the process of investing around $50 million to create a digital cash system using blockchain technology to settle financial transactions, according to people familiar with the plans.

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http://feeds.reuters.com/~r/reuters/technologyNews/~3/yickG7p0O8Q/exclusive-banks-to-invest-around-50-million-in-digital-cash-settlement-project-sources-idUSKCN1SM2U0

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