JPMorgan Blockchain Payments Network Eyes January Japan Launch

JPMorgan Blockchain Payments Network Eyes January Japan Launch – CoinDesk

Built on Quorum, a permissioned blockchain based on ethereum and developed by JPMorgan, IIN is designed to enable member banks to exchange information in real time, allowing them to verify a payment has been approved. This, the bank says, helps reduce friction in international payments and ultimately leads to faster processing times.