Temasek, DBS, JP Morgan to launch global payments platform on blockchain

DBS, JP Morgan, and Temasek on Wednesday announced plans to develop an open industry platform for payments, trade, and foreign exchange settlement through a newly established technology firm. Called Partior, it aims to disrupt the traditional cross-border payments “hub and spoke” model, which is typically costly and lengthy due to multiple validations of payment details by banks. … Visit Website
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