Blockchain’s Real-Time Payments Use Case | PYMNTS.com

For a three-month pilot that ended in May, he said, Interac worked with Alectra Utilities to offer real-time disbursements to consumers using Interac e-Transfer (Canada’s leading P2P and B2B digital money movement service). Roque said Alectra made the offers to several consumers and, by using blockchain, was able to “incentivize” consumers based on their “climate-friendly” behaviors, an example of how Interac is looking to innovation with social purpose.

Source: Blockchain’s Real-Time Payments Use Case | PYMNTS.com, by PYMNTS, June 26, 2019