Signature Bank Hits New Ethereum Blockchain Platform For Institutional Payments

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Forbes has recently revealed that one of the commercial bank, Signature is integrating Ethereum Blockchain based payment method. Founded in 2001, Signature bank enables institutional investors to transfer the money in 30 seconds. The new payment platform based on Ethereum blockchain is called Signet platform. It works 24/7 by converting US dollar into ERC 20 token.

According to Depaolo, Signature Bank co-founder and CEO, private application of Ethereum blockchain is a boom. He…

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