JPMorgan Blockchain Payments Network Eyes January Japan Launch
Coindesk - 12/10/2019 5:26:23 PM - GMT (+0 )
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Coindesk - 12/10/2019 5:26:23 PM - GMT (+0 )
Built on Quorum, a permissioned blockchain based on ethereum and developed by JPMorgan, IIN is designed to enable member banks to exchange information in real time, allowing them to verify a payment has been approved. This, the bank says, helps reduce friction in international payments and ultimately leads to faster processing times.
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