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Santander bank trials blockchain platform for used cars in Brazil

Published 10/24/2022, 07:14 AM
Updated 10/24/2022, 09:00 AM
Santander bank trials blockchain platform for used cars in Brazil
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Major global bank Santander (BME:SAN) continues exploring the benefits of blockchain technology, with a local branch implementing blockchain for vehicle trading and car registration.

Santander Brasil has launched testing of a blockchain-based tokenization platform for transferring ownership of used cars in Brazil, Cointelegraph Brasil reported on Oct. 19.

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