IBM Launches A Blockchain-Based Global Payments Network Using Stellar's Cryptocurrency

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IBM's Blockchain World Wire network is officially accessible in a growing number of markets and will help financial institutions improve the services they deliver to their consumers by optimizing and accelerating foreign exchange, cross border payments and remittances.

protocol, World Wire serves as a network provider for international payments, enabling point-to-point money transfers in lieu of the complexities of conventional correspondent banking. While IBM announced an initial pilot of World Wire in October 2017, today the network is officially accessible in a growing number of markets.

We’ve created a new type of payment network that is unique in the sense that it streamlines the ability of businesses and consumers to move money around the world in real time. This enables improved transparency without sacrificing the regulatory controls and policies we need in order to make sure that there aren’t bad actors in the system.

RCBC is pleased to be an early innovator with plans to issue our own Peso stable coin on World Wire, pending final approval from our regulators," said Emmanuel Narciso, Group Head, Global Transaction Banking, RCBC."We're focused on innovation that adds value for our customers, and World Wire presents a tremendous opportunity to transform and enhance our payment infrastructure.

 

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BitcoinMktJrnl Great!

Actually it is really a bit strange for me Why stellar

Stellar? Why this cryptocurrency?

Please help, I don't get it: Why should i trust the single-computing-company blockchain more than a plain old single-bank-account? IBM based blockchain violates the basic principle of blockchain IMO, which is distributed computing.

Still not IBM

Queued for quote or am I fucking beyond 10 seconds good or what? I will challenge you for suit if you claim defamation. I want patents and I want ingress. There is no authoruty. We will meet if you need to know but so far there are only three. And you guys are not it. Four now.

Good ole IBM!!!! This is transformational for timeless innovative corporations like IBM! 👍🏾

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IBM Launches A Blockchain-Based Global Payments Network Using Stellar's CryptocurrencyIBM's Blockchain World Wire network is officially accessible in a growing number of markets and will help financial institutions improve the services they deliver to their consumers by optimizing and accelerating foreign exchange, cross border payments and remittances.
Source: Forbes - 🏆 394. / 53 Read more »

IBM Launches A Blockchain-Based Global Payments Network Using Stellar's CryptocurrencyIBM's Blockchain World Wire network is officially accessible in a growing number of markets and will help financial institutions improve the services they deliver to their consumers by optimizing and accelerating foreign exchange, cross border payments and remittances. Were you too young or maybe not even alive to invest during the 1st, 2nd & 3rd industrial revolutions to become financially independent? This may be your chance to get in on 4th industrial revolution. No bank account needed. Do some research! WorldBank why can I only read 1 comment?
Source: Forbes - 🏆 394. / 53 Read more »

IBM Launches A Blockchain Based Global Payments Network Using Stellar's CryptocurrencyIBM's Blockchain World Wire network is officially accessible in a growing number of markets and will help financial institutions improve the services they deliver to their consumers by optimizing and accelerating foreign exchange, cross border payments and remittances. XRP_Anderson digitalassetbuy CryptHawk sentosumosaba CKJCryptonews 640 x 325
Source: Forbes - 🏆 394. / 53 Read more »

IBM Launches A Blockchain-Based Global Payments Network Using Stellar's CryptocurrencyIBM's Blockchain World Wire network is officially accessible in a growing number of markets and will help financial institutions improve the services they deliver to their consumers by optimizing and accelerating foreign exchange, cross border payments and remittances.
Source: Forbes - 🏆 394. / 53 Read more »

IBM Launches A Blockchain-Based Global Payments Network Using Stellar's CryptocurrencyIBM's Blockchain World Wire network is officially accessible in a growing number of markets and will help financial institutions improve the services they deliver to their consumers by optimizing and accelerating foreign exchange, cross border payments and remittances. Were you too young or maybe not even alive to invest during the 1st, 2nd & 3rd industrial revolutions to become financially independent? This may be your chance to get in on 4th industrial revolution. No bank account needed. Do some research! WorldBank why can I only read 1 comment?
Source: Forbes - 🏆 394. / 53 Read more »