The Commercial Bank Money Token enables the optimization of existing and design of new business models through integrated, programmable blockchain-based financial flows. This enables Corporates to integrate payment flows using smart contracts and thus efficiently design their own business processes independently of Banks - an enabler for industry 4.0. We present the concept and results of technical tests and provide an outlook on next steps towards implementation.
Siemens AG
Evonik Company | Evonik Digital GmbH
UniCredit Bank GmbH