Tag: OCBC Bank

OCBC Bank Pilots Blockchain-based Funds Transfer Between Bank Subsidiaries

Cross-border payments are in dire need of a technological revamp. Even though this concept has been around for decades, the way funds are transferred around the world remains virtually unchanged. Blockchain technology can play a  big part in faster, more convenient, and cheaper transfers of value across borders. OCBC Bank, an Asian financial institution, has transferred funds over a blockchain between its different subsidiaries. OCBC Claims Asia’s First Blockchain Funds …
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