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Swiss Banking Giant UBS To Launch New Ethereum-Powered Platform For Banks

Posted on 11th December, 2017

While it might not have the headline-grabbing appeal of bitcoin’s recent price surge, a new Ethereum-powered bank-to-bank data-checking platform may just be the start of a major innovation in blockchain technology. Swiss financial services giant UBS recently announced the project, known as Madrec (Massive Autonomous Distributed Reconciliation platform), which aims to streamline data verification processes […]