IBM Blockchain World Wire - Clear and settle cross-border payments in seconds
IBM Blockchain World Wire
Clear and settle cross-border payments in seconds
Screenshots
View Image | 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
This is posted on Steemhunt - A place where you can dig products and earn STEEM.
View on Steemhunt.com
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:
Feel free to join our @steem-ua Discord server