IBM Blockchain World Wire - Clear and settle cross-border payments in seconds

in steemhunt •  2 months ago

IBM Blockchain World Wire

Clear and settle cross-border payments in seconds


Screenshots

block wire.jpg

Blockchain World Wire.jpg
View Image
How world wire can change.png
View Image

Hunter's comment

IBM launched its blockchain based payment system known as Blockchain World Wire, which probably is the second legitimate solution (after ripple) that would involve block chain technology for international remittances, thus reducing the intermediaries in the processing, to be able to settle the payment in seconds. IBM has chosen the Stellar protocol for the World Wire.

This is definitely great achievement for the Block chain technology as well as the crypt platforms they are developed on block chain such as steemit, to show the real use case and power of block chain.

Go and check out.


Link

https://www.ibm.com/blockchain/solutions/world-wire


Contributors

Hunter: @sanmi



Steemhunt.com

This is posted on Steemhunt - A place where you can dig products and earn STEEM.
View on Steemhunt.com

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Great hunt @sanmi! This hunt has been verified and approved by the Steemhunt Moderation Team. Great job! Happy hunting.


Please read our posting guidelines. If you have any questions, please join our Discord Group.

Nice Hunt again my friend @sanmi thank you!

Just another example of something that is going to eventually affect the banking system. They are no longer in control of transferring money around the world. This will be in the hands of blockchain pretty soon.

Thank you for the hunt.

Hi @sanmi!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.760 which ranks you at #4669 across all Steem accounts.
Your rank has improved 36 places in the last three days (old rank 4705).

In our last Algorithmic Curation Round, consisting of 361 contributions, your post is ranked at #200.

Evaluation of your UA score:
  • You're on the right track, try to gather more followers.
  • You have already convinced some users to vote for your post, keep trying!
  • Your contribution has not gone unnoticed, keep up the good work!

Feel free to join our @steem-ua Discord server