Australian ‘Big 4’ Bank Taps Blockchain to Transfer $10 to Canada, in 10 Seconds

The National Australia Bank, one of Australia’s big four banks, successfully completed its first proof-of-concept  money transfer over a blockchain. The banking brigade buoying blockchain keeps on rolling. Using Ripple’s ledger technology, the National Australia Bank, successfully transferred an AUD$10 payment from an employee’s account to another banking employee account…