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U.S. Banking Giant JPMorgan Expanding Blockchain Payments to 220 Banks

According to a news release on 22 April 2019, mega-bank JPMorgan Chase & Co. plans to expand an existing blockchain project in an attempt to fend off competition from money transfer services such as TransferWise and Ripple. This feature which will be live in Q3 will be used for both domestic and international payments.  …

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SWIFT Announces Trial DLT Integration With R3 Blockchain

  If it has to be one of the incredible technologies that have taken the world in its grip, then it has to be Blockchain technology. Touted to be the game changer in the industry, Blockchain has established itself as a platform that can initiate effective ways of business operations. Transparency, cost-effectiveness and security, some…

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Chilean Treasury Introduces Blockchain Platform For Public Payments

The South American country of Chile has emerged as one of the pioneers of the global blockchain movement in recent months owing to its swift execution related to blockchain based projects. In April 2018, the Chilean National Energy Commission launched a blockchain based platform to track energy data in the country. Now, the General Treasury…

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How Blockchain Could Help You in Business?

The blockchain mania of the last two years has been concerned largely with the price movements of various cryptocurrencies, and that has made it difficult for the average user to assess blockchain’s value proposition for their use. Blockchain is, in fact, very flexible ledgers that can help businesses expedite many processes and save costs at…

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Blockchain use cases for Finance Industry & FinTech Players

The blockchain technology developed as the technology underlying Bitcoin in the world of internet, blockchain has quickly climbed to fame for its identity to create a major hype in the world of E-currency. This is a globally distributed ledger running on millions of devices, capable of recording anything of value.A blockchain is essentially a digital…

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How Blockchain Can Be Used In Payments-B2B, B2C, P2P & How It Works?

Ask an average person on the street what they think of when you say ‘payments’. They will likely respond with something around paying for goods. Or if they are particularly savvy, they may reference an app they use to pay their friends, such as Venmo. How Blockchain Can Be Used In Payments-B2B, B2C, P2P &…