Bahrain Central Bank and JPMorgan will test blockchain for international payments
The Central Bank of Bahrain announced a partnership with the American bank JPMorgan Chase and the Arab Banking Corporation BSC (Bank ABC) to test the blockchain for international settlements. The central bank of Bahrain has announced that a pilot project will be launched with these banks to implement a blockchain-based solution for instant cross-border payments. They will be carried out in US dollars between Bahrain and US buyers and suppliers. During testing, banks plan to…
