Today Italian payments infrastructure company SIA announced a
partnership with UK-based Quant Network to explore using Quant’s
Overledger technology for blockchain interoperability.
The relationship aims to create cross-platform applications and services for financial institutions. The first test will explore the interaction between enterprise blockchain R3 Corda and private Ethereum.
SIA runs a secure private network infrastructure with nodes in 570 banks and corporates. The company is known as a major backbone provider for the European SEPA payment method, which is the primary payment route for cross border payments within the E.U. It also provides card processing services.
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