Banks rush to join JPMorgan’s blockchain-based interbank information network

With 75 banks signed up in late September, IIN is already approaching 100 banks convinced that blockchain is the best, safest and quickest way to resolve blocked cross-border payments.

When one of the largest banks in the world announces that 75 other banks have signed up to join a new payments information network it has developed, which, powered by Quorum, is a permissioned variant of the Ethereum blockchain, that grabs a lot of attention.

This is the largest number of banks to join any blockchain application in live production. And when Euromoney sits down with the lead bank, just a couple of weeks after this announcement, it soon becomes clear that take up has proceeded even faster than first expected.

Banks rush to join JPMorgan’s blockchain-based interbank information network

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Banks rush to join JPMorgan’s blockchain-based interbank information network

Thanks for your interest in Euromoney!To unlock this article:

Central Bank of Egypt’s drive for financial inclusion bears fruit

Egypt’s banking industry wants to see private sector soar

CIB’s CEO Al-Arab on realism, reform and resilience

Future capital markets infrastructure: Fungible, fractionalised and fused

Thanks for your interest in Euromoney!
To unlock this article: