German Bank KfW Tests Blockchain Solution “TruBudget” In Burkina Faso
The KfW, a German government-owned development bank, is teaming with the Ministry of Finance of Burkina Faso, a landlocked country in West Africa, to test a blockchain application for use in public financial management.
The KfW banking group is owned by the Federal Republic of Germany (80 percent) and the States of Germany (20 percent).
