Absa and blockchain: A Journey of innovation and learning
China DailyAs a leading African bank, Absa is committed to driving innovation and digital transformation in the financial sector. Absa is one of Africa's largest diversified financial services groups, offering a range of banking, insurance, wealth management and investment solutions to individuals, businesses and institutions across the continent. As a leading African bank, Absa is committed to driving innovation and digital transformation in the financial sector, with a focus on delivering customer-centric solutions that are convenient, secure and affordable. One of the key areas of innovation that Absa has been leveraging is blockchain technology, which has the potential to revolutionize various aspects of the financial industry, such as payments, remittances, trade finance, identity verification and asset tokenization, by offering faster, cheaper and more transparent transactions, as well as enhanced security and trust. Absa was one of several participants in the South Africa Reserve Bank project Khokha, where Absa developed a cross-border payment solution with blockchain.
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Absa and blockchain: A Journey of innovation and learning
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