Reported by Ledger Insights. Singapore-based Partior has successfully completed a proof of concept (PoC) for foreign exchange (FX) payment versus payment (PvP) settlement using its blockchain network. The PoC involved key participants, including co-founders JP Morgan and DBS Bank, along with Mizuho, Japan’s third-largest bank. Partior already offers a production solution for instant 24/7 cross-border […]
JPMorgan Chase takes progressive steps in the business-to-business (B2B) payment landscape by leveraging blockchain technology for its B2B clients. The financial giant, through its digital asset and blockchain unit, Onyx, launched programmable payments. This innovative feature is tailored for blockchain-based accounts using the JPM Coin digital currency system. Programmable payments, driven by smart contracts and […]
Citi Treasury and Trade Solutions (TTS) announces the creation and piloting of Citi Token Services for cash management and trade finance. The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients. Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management […]
