35 Rural Banks Across 150 Branches Now Part of UnionBank Blockchain Project i2i
UnionBank also revealed that there were 335 transactions performed last August 2019 and the transaction volume exceeds $1 million.
Union Bank’s Blockchain Project i2i Targets November 2018 Major Launch
Project i2i is initially piloted by 5 Mindanao rural banks, including Cantilan Bank Inc, PR Savings Bank, City Savings Bank, FairBank, and Progressive Bank.
Union Bank Set Eyes on at least 100 Rural Banks in 2018
Union Bank, the financial institution that embraced the blockchain in the Philippines is eyeing to connect all or at least 500 rural banks to the blockchain. According to the bank’s chief technology and operations officer Mr. Henry Aguda, Union Bank committed $3 million to Project i2i with the aim of serving the unbanked Filipinos nationwide….
Union Bank’s Blockchain Project i2i to Launch in Davao
Union Bank’s blockchain initiative to help rural banks in the Philippines is unveiled at the Consensus 2018 event in New York.