Soramitsu Develops World’s First Blockchain-Based Retail Payments System with National Bank of Cambodia

Thanks to the Hyperledger Iroha permissioned blockchain primarily developed by Soramitsu, any bank or financial institution can plug into the Bakong platform which is monitored and supervised by the National Bank of Cambodia. The ISO 20022 standard messaging format makes it simple for any bank’s core banking system to integrate with the platform.Thanks to the Hyperledger Iroha permissioned blockchain primarily developed by Soramitsu, any bank or financial institution can plug into the Bakong platform which is monitored and supervised by the National Bank of Cambodia. The ISO 20022 standard messaging format makes it simple for any bank’s core banking system to integrate with the platform.Read More