Singaporean Bank OCBC Gets Onboard with JPMorgan’s Quorum-Based Blockchain Network

2019-9-21 22:16

OCBC, one of the largest banking institutions in Singapore, has recently joined the JPMorgan Chase’s blockchain network, according to reports from local media outlets. Right now, there are 134 banks from the Asia-Pacific as part of the Interbank Information Network.

OCBC is considered to be the second-largest bank in Southeast Asia, meaning that this was […].

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JPMorgan adds Singapore-based OCBC bank to its crypto-payment network

JPMorgan made waves in the crypto-market a few months ago after it announced ‘JPM coin. ’ Before the release of its own stablecoin, JPM had introduced Interbank Information Network [IIN] on its blockchain service to create an ecosystem of banks and users, while also promoting emerging technologies like blockchain itself to ease cross-border payments.

2019-9-20 11:33


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