UAE Accelerates Cross-Border Payments with JPMorgan’s Onyx

<p>First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates (UAE), has ventured into the world of blockchain technology through a partnership with JPMorgan and its Onyx blockchain.</p> <p><img alt="" src="https://miro.medium.com/v2/resize:fit:700/1*DptFyjIoy20XPPfxFHp8hQ.jpeg" style="height:467px; width:700px" /></p> <p>Photo by&nbsp;<a href="https://unsplash.com/ko/@kamrog?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash" rel="noopener ugc nofollow" target="_blank">Kamil Rogalinski</a>&nbsp;on&nbsp;<a href="https://unsplash.com/ko/%EC%82%AC%EC%A7%84/dgCUZNk2rvs?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash" rel="noopener ugc nofollow" target="_blank">Unsplash</a></p> <h1>Fast tracking cross-border transactions</h1> <p>International financial transactions have long been afflicted by intricate procedures and snail-paced response times. These challenges have been particularly acute when it comes to cross-border payments. In response, FAB will utilize JPMorgan&rsquo;s Coin Systems in order to expedite and streamline such cross-border payments.</p> <p><a href="https://medium.com/@coinness.gl/uae-accelerates-cross-border-payments-with-jpmorgans-onyx-926de97ea5f3"><strong>Learn More</strong></a></p>