Israel Bank Hapoalim Allies With Aerospace On Blockchain

Blockchain technology is being tested in an aerospace and banking industry partnership that would develop security systems.

On January 4, 2018, Israel’s largest bank, Bank Hapoalim, announced that it will work together with the cybersecurity wing of Israel Aerospace Industries (IAI) to test the mettle of blockchain-based defense systems.

The state-owned bank brings expertise with financial data to the table, alongside IAI’s relative capabilities to protect against cyberattacks. Together, the banking and aerospace giants will expand their understanding of blockchain technology for enterprise-level use.


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