Five Major South Korean Banks Join JPMorgan Blockchain Project

Five of South Korea’s biggest banks have joined JPMorgan’s cross-border, blockchain-powered payments initiative, the Interbank Information Network (IIN). The network operates on Quorum, a platform based on the Ethereum blockchain. According to an Fn News report, KEB Hana Bank, Shinhan Bank, Woori Bank, NongHyup Bank (NH) and the Korea Development Bank (KDB) have all

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