Category: interbank information network

How a Banking Consortium is Leveraging Blockchain to Scale Efficiency

J.P. Morgan led banking consortium, Interbank Information Network (IIN), is using blockchain’s network effect to move a staggering volume of workflow to a distributed ledger, as reported by Forbes on May 13, 2019. Enterprise Blockchain Advancing In October of 2017, J.P. Morgan (JPM) quietly initiated a tiny network of their industry competition […]

J.P. Morgan Blockchain Tops Ripple Signing Up 201 Global Banks

JPMorgan rapidly expands its Interbank Information Network (IIN) reporting a whopping 201 banks joining its blockchain. Meanwhile, IBM and Stellar also push it hard to win over leading banking institutions globally. Is it time for Ripple to move a bit? Investment banking giant JPMorgan Chase has recently released a report […]