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>
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<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’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>