Financial Giants Backed Utility Settlement Coin Coming in 2020

Source: iStock/Rafael_Wiedenmeier
In the relentless effort to utilize the blockchain technology, the new company called Fnality International, a brainchild of 14 major financial firms, is estimated to become operational in 2020. The company will be in control of a blockchain-powered digital cash system and of a token called ‘utility settlement coin’ (USC), according to the Wall Street Journal (WS

Source: https://cryptonews.com/news/financial-giants-backed-utility-settlement-coin-coming-in-20-3981.htm

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