South African blockchain consortium wins tech project of the year award

Published: 3 August 2017

MyBroadBand - The South African Financial Blockchain Consortium (SAFBC) has won the blockchain category of The Banker’s 2017 technology project of the year awards.

Full PDF Detailing The Banker's Award

Published: 1 August 2017

The Banker - The Banker’s 2017 Technology Projects of the Year Awards show that the effort many banks have put into engaging with the fintech community over the past few years is beginning to pay off.

SA takes steps to set up national financial blockchain

Published: 11 July 2017

MoneyWeb - The South African Financial Blockchain Consortium (SAFBC) – comprising 22 industry heavyweights, the South African Reserve Bank and the Financial Services Board as observers – is currently exploring the technology powering the $41 billion bitcoin market.

In the ledger we trust

Published: 1 March 2017

ITWeb - South African banks are dabbling with blockchain and distributed ledgers, learning some important lessons along the way.

South Africa's Financial Power Players Are Going All-In on Blockchain

Published: 7 February 2017

CoinDesk - South Africa's central bank, its central securities depository (CSD) and several of its largest banks came together yesterday to chart a course toward large-scale blockchain implementation.

South African Reserve Bank Circulates First Ever Smart Contract Using Private Ethereum Blockchain

Published: 2 November 2016

iAfrikan - In possibly a first for Africa, the South African Reserve Bank (SARB) along with the Payments Association of South Africa, Financial Services Board, Strate and some of the country's major banks...

Banks Trial Blockchain With South African Regulators

Published: 31 October 2016

CoinDesk - A group of South African banks have pushed ahead with plans to test blockchain applications in a partnership that has drawn support from key regulators in the country.

SA banks, Strate set up blockchain network

Published: 17 October 2016

ITWeb - South Africa's largest banks, along with Strate, the country's central securities depository, have set up a blockchain network among themselves.

Money, minds drawn to distributed ledger tech

Published: 28 August 2016

Sunday Times - R3, a global consortium that is dedicated to exploring technologies such as blockchain, aims to bring banking institutions together to find common cause. For Fred Swanepoel, chief information officer at Nedbank, the value of initiatives such as R3 lies in the "global collaboration and sharing that it brings to member institutions".