Makoto Takemiya, CEO of Soramitsu
January 16, 2020
9 AM Pacific (UTC-8)
We have been working with the central bank of Cambodia for over two years and now our retail settlement system, named Bakong, has gone live in a pilot with real money. In this demo we will show the live system, as well as explain the architecture using Hyperledger Iroha. Both central banks and other financial institutions that handle payments can benefit from the demo and explanation, as our system has the potential to reduce both costs and settlement times, while increasing security.