🔴Argentina’s Banks Implement RSK Blockchain to Track Debit Transactions 🔻A group of Argentina’s banks under the patronage of the Central Bank of Argentina are setting to develop a piloting program to handle direct account debit claims, specifically direct debit transactions where the payment is initiated by the receiver of the funds and not the sender. Blockchain will address different problems in traditional banking such as inter-entity messaging which has aroused security concerns. The RSK network is an Ethereum competitor, but instead of creating an independent network, it takes advantage of Bitcoin and has been set up to function in conjunction with Bitcoin. RSK network’s native token is a wrapped version of BTC. #blockchain #Argentina #business #banks #smartcontracts