Homethe fintech effectIBM has a new blockchain for banks to speed up cross-border payments

IBM has a new blockchain for banks to speed up cross-border payments

October 16, 2017

IBM has worked with a number of international banks including BBVA, Bank Danamon and National Australia Bank
Its new blockchain will allow all "appropriate" parties access to clearing and settlement data on financial transactions
The corporate giant partnered with non-profit blockchain organization Stellar and currency exchange service KlickEx to develop the platform