IBM: Announced IBM Blockchain World Wire

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IBM: Announced IBM Blockchain World Wire

  • Real time global payments network for regulated financial institutions
  • Designed to optimize and accelerate foreign exchange, cross border payments and remittances
  • World Wire is the first blockchain network of its kind to integrate payment messaging
  • Created a new type of payment network designed to accelerate remittances
  • Transform cross-border payments to facilitate the movement of money in countries that need it most
  • World Wire provides a more straight-through model for cross border payments using the Stellar protocol