Credit Card Issuer Synchrony Financial Joins Blockchain Group

Synchrony Financial said on Monday its has joined R3, a group of companies working on blockchain technology, making it the first credit card issuer to join the consortium. Blockchain is a web-based transaction-processing and settlement system whose efficiency banks say could slash costs. It creates a “golden record” of any given set of data that…

http://fortune.com/2016/10/24/credit-card-issuer-synchrony-financial-joins-blockchain-group/

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Author: MA Consultancy / WelshBiz

Web Marketing Agency & UK Business and Sports News Blogger via regional and national business and sports news blogs and linked social media accounts.

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