Wine Boxes to Whatsapp: How Africa's Banks Are Going DIY to Test Ethereum

Wine Boxes to Whatsapp: How Africa's Banks Are Going DIY to Test Ethereum

Members of six African banks reportedly met yesterday to discuss the next steps in their ongoing effort to connect aspects of the South African banking system via a private version of the ethereum blockchain, according to sources. Present at the event was CIO of Barclays Africa's corporate and investment banking division, Andrew Baker, who said that while the unnamed banks are still in the early phases of the "most pure collaborative process" he’s ever participated in, the effort has been propelled by a surprising technology – instant messaging. After some early internal work....


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