5 Mindanao rural banks join blockchain initiative pilot run | Philippine News Agency

5 Mindanao rural banks join blockchain initiative pilot run
By Digna Banzon May 27, 2018, 5:32 pm
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DAVAO CITY –Five rural banks in Mindanao have been picked to pilot the blockchain initiative of the Union Bank of the Philippines (UnionBank) and ConsenSy, a US-based blockchain software technology company.UnionBank chair Dr. Justo Ortiz said Thursday the bank’s i2i Project aims to bring unbanked Filipinos to the financial system, as well as connect rural banks into the country’s fina…

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