BNP Paribas Clears Blockchain Payments in Various Currencies

[kreslik.news]

Paris-headquartered banking giant BNP Paribas announced today that it has processed several live payments for two of its longstanding corporate clients, using blockchain technology. It processed and cleared for payments in various currencies between bank accounts located in Germany, the Netherlands and the United Kingdom.

The payments were fully processed and cleared in a few minutes, which BNP Paribas says highlights the real potential of this innovative technology which eliminates delays, unexpected fees and processing errors, paving the way for real time cash management.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

Panini Group Treasurer Fabrizio ... (read more)