Blockchain-based payment – CryptoPurview https://cryptopurview.com Tue, 19 Nov 2019 22:28:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://cryptopurview.com/wp-content/uploads/2022/10/CP-logo.png Blockchain-based payment – CryptoPurview https://cryptopurview.com 32 32 How China plans to design an auditable – permission blockchain payment system https://cryptopurview.com/how-china-plans-to-design-an-auditable-permission-blockchain-payment-system/ Mon, 18 Nov 2019 23:26:00 +0000 https://cryptopurview.com/?p=7603 Recently People Bank of China (PBoC) said that the main purpose behind creating a new blockchain-based payment system is to mitigate the financial risk posed by existing electronic payment platforms...

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]]> Walmart Canada develops a blockchain-based payment solution for its carriers https://cryptopurview.com/walmart-canada-develops-blockchain-based-payment-solution-for-its-carriers/ Fri, 15 Nov 2019 12:40:06 +0000 https://cryptopurview.com/?p=7580 Walmart Canada has developed a blockchain-based payment network that managers real-time invoicing, payments and settlement for its carriers, third-party trucking companies that transport inventory to over 400 Walmart retail stores across Canada.

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]]> U.S. Federal reserve researching on digital currencies and blockchain https://cryptopurview.com/u-s-federal-reserve-researching-on-digital-currencies-to-innovate-retail-payments/ Tue, 05 Nov 2019 09:59:59 +0000 https://cryptopurview.com/?p=7248 The U.S. federal reserve is researching on blockchain and digital currencies to innovate the retail payments. According to the job posting published on Nov 4 by Fed careers, the U.S....

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]]> Accenture, SAP, and R3 developing a blockchain-based settlement system https://cryptopurview.com/accenture-sap-r3-developing-blockchain-based-settlement-system/ Fri, 25 Oct 2019 09:43:27 +0000 https://cryptopurview.com/?p=6729 Accenture, SAP, and R3 are collaborating to build a blockchain-based real-time gross settlement system (RTGS). The design will enable high-value transactions faster, more efficient, reliable and secure between banks and...

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]]> JP Morgan’s Blockchain Network Grows To More Than 300 Banks https://cryptopurview.com/jp-morgans-blockchain-network-grows-to-more-than-300-banks/ Thu, 19 Sep 2019 17:19:02 +0000 https://cryptopurview.com/?p=5847 JP Morgan’s Interbank Information Network, a blockchain-based payment system has now more than 340 banks joining the network. IIN system enables member banks to exchange information in real-time with fewer...

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]]> Wells Fargo Launches Its Digital Currency On Its Own Blockchain Platform https://cryptopurview.com/wells-fargo-builds-its-own-blockchain-platform/ Tue, 17 Sep 2019 14:09:10 +0000 https://cryptopurview.com/?p=5734 Wells Fargo today announced plans to create its own digital cryptocurrency ‘Wells Fargo Digital Cash’ to be used as a settlement method within its global network. The digital currency will...

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]]> Deutsche Bank Joins JPMorgan’s Blockchain-Based Payment System https://cryptopurview.com/deutsche-bank-joins-jpmorgan-blockchain-based-payment-system/ Sun, 15 Sep 2019 21:21:54 +0000 https://cryptopurview.com/?p=5711 Deutsche Bank has joined JPMorgan’s Interbank Information Network, a blockchain-based network based on Quorum, a permission-variant of the Ethereum blockchain, developed by J.P. Morgan. Source: Financial Times. IIN minimizes friction...

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