Swiss banks complete first blockchain-based legally binding payment
PositiveCryptocurrency

Swiss banks UBS, Sygnum Bank, and PostFinance have successfully completed the first legally binding payment using blockchain technology, demonstrating its potential for bank deposits and institutional payments.
Editor’s Note: This milestone is significant as it showcases the practical application of blockchain in traditional banking, potentially transforming how financial transactions are conducted and increasing efficiency in the sector.
— Curated by the World Pulse Now AI Editorial System