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Bitcoinist 2019-11-11 12:44:38

MAS and JP Morgan Develop Blockchain-Based Cross-Border Payments Network

Monetary Authority of Singapore (MAS) has managed to create a new blockchain-based prototype for multi-currency payments, in collaboration with Temasek and JPMorgan. According to the developers, the network could significantly improve numerous aspects of sending payments, including the cost efficiency for businesses. MAS is currently testing its abilities, such as integration with commercial blockchain applications. All applications that yield positive results will be presented soon, during Singapore FinTech Festival (SFF), as well as Singapore WeekRead MoreThe post MAS and JP Morgan Develop Blockchain-Based Cross-Border Payments Network appeared first on Bitcoinist.com.

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