The top news headlines for 17 - 22 January 2022
A summary of the top business technology stories shared by ITWeb between 17 - 22 January 2022. Visit www.itweb.co.za for more news. #Microsoft #Oracle #Blockchain
Local banks reveal they will make some level of investment in blockchain or distributed ledger technologies this year, as they explore new use cases.
The bank establishes Africa’s first Hedera network node, which is set to soothe some of the sore points that have historically beset cross-border trade.
Central Banking Publications recognises Project Khokha for its promise shown in the central banking, regulatory and supervisory environment.
Using Sovrin's decentralised distributed ledger technology will help Absa solve client identity challenges and decrease financial transaction costs.
The central bank says there are still many issues to consider before the decision to adopt a distributed ledger tech-based system is taken.
Governments across the globe are exploring the use of this technology to improve operations and maximise productivity, says Hyperledger.
Spending on blockchain solutions this year will more than double the $945 million spent in 2017, says IDC.
Strate will work together with SWIFT and six other central securities depositories to implement the technology in post-trade scenarios.
The banks show how distributed ledger technology has the potential to improve real-time Nostro reconciliation.
The company is introducing blockchain POC for nostro database reconciliation.
The countries' central securities depositories partner to develop solutions utilising distributed ledger technology.