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JP Morgan partners with six Indian banks for blockchain-based interbank dollar settlements

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied JP Morgan Chase & Co. has partnered with six Indian banks to launch a blockchain-powered platform for settling interbank dollar transactions in India’s emerging international financial center.  The pilot program commenced June 5 and is expected to

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JPMorgan teams up with Indian banks for blockchain-based settlements: Bloomberg

JPMorgan Chase & Co. has launched a pilot project with top private lenders in India for interbank dollar transaction settlements through its blockchain platform, Onyx, Bloomberg reported. See related article: How JPMorgan’s Onyx is redefining payments in banking with blockchainFast factsThe pilot project, reportedly launched on Monday with India’s HDFC Bank,

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JPMorgan partners with Indian banks to enable dollar trading via blockchain

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Global financial giant JPMorgan has announced a strategic partnership with six major Indian banks to launch a blockchain-based platform to settle interbank dollar transactions. This latest move is part of a broader effort to promote the growth

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JPMorgan uses blockchain for 24/7 dollar transfers with Indian banks

Global financial services company JPMorgan continues exploring the benefits of blockchain, deploying the technology to eliminate some restraints of traditional finance.JPMorgan has partnered with six major Indian banks to introduce a blockchain-based platform enabling interbank settlement of dollar transactions, Bloomberg reported on June 5.The participating banks include HDFC Bank, ICICI

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Indian banks asked ‘to prepare for the future’ with AI and blockchain

A top federal official representing India's central bank, the Reserve Bank of India (RBI), recommended all banks adopt artificial intelligence (AI) and blockchain technology to ensure sustainable growth and stability.In an RBI-organized conference for the directors of Indian banks, deputy governor Mahesh Kumar Jain discussed risk strategies around sustainable growth

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