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Tag Archives: Italian

Italian Banking Association Completes First Test of Blockchain-Based Interbank System

The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29. By applying distributed ledger technology (DLT), the group of 14 Italian banks is planning to improve interbanking processes. Specifically, the association intends to …

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Italian stock market strife threatens new euro crisis 

Italian stock market strife threatens new euro crisis as investors baulk at government’s borrowing plans The Milan exchange dropped 4.3 per cent yesterday  The are fears Italy will lumber into an economic crisis by racking up huge debts  Italy’s ruling coalition plans to run a budget deficit of 2.4 per cent …

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