German Bank Replaces Swift With Bitcoin


German online bank, Bitbond, has announced that it will replace its current international transfer system, Swift, with Bitcoin’s blockchain. The financial institution has said that replacing its current system will make international transfers quicker and more affordable.Bitbond already allows for the lending and repayment of Bitcoin loans, but this represents the first time that they will use the cryptocurrency’s blockchain to transfer fiat‐based funds. Once the money has transferred to the

View full article at The Crypto Times

Background Photo by Kyle Ryan on Unsplash

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