75 Banks form part of Blockchain payments initiative

75 Banks form part of Blockchain payments initiative

Nearly seventy-five banks have formed part of the Interbank Information Network, a blockchain initiative. Reportedly, the Societe Generale and Santander have also joined the initiative which has been experimented by the JPMorgan, Royal Bank of Canada and ANZ. An analyst at the JPMorgan stated, “Blockchain is a way to keep more of that (payments business) in-house.”

Leave a Reply