Deutsche Bank joins JPMorgan-led blockchain network

Deutsche Bank joins JPMorgan-led blockchain network

Deutsche Bank joins JPMorgan led blockchain network

As the largest outside member, the almost single German banking giant has now joined the Interbank Information Network (IIN) of industry competitor JPMorgan Chase. This reports the US Financial News Financial Times.

The network, based on proprietary Ethereum-based quorum technology, enables its members to exchange transaction data in real time. This should make cross-border payments smoother,…

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