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Australia's top 3 banks ANZ Australia , CommBank , Westpac Bank with @IBMBlockchain & ScentreGroup incorporated a new company Lygon that will digitise bank guarantees using blockchain technology @7NewsAustralia
Digitization of bank guarantees will
eliminate fraud and slicing the time & cost it takes tenants and landlords to agree on commercial leases, also
ensures that the debt will be paid on time under all circumstances
@IBMBlockchain @ScentreGroup
@ANZ_AU @CommBank @Westpac #AKB
3 powerful pillars