🏦 220 banks already signed up for J.P. Morgan's interbank blockchain network
Talking with the Financial Times, head of J.P. Morgan's global clearing John Hunter says the bank is continuing to developed its peer-to-peer bank service, the Interbank Information Network (IIN), with plans for a full launch in Q3 2019. 220 banks have signed up for the currently free service. Hunter says the bank is expanding Quorum with the IIN which is focusing on minimizing cross border payment friction.
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