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GIFT India

GIFT India

JP Morgan Pilots Blockchain-Based Dollar Settlement for Indian Banks
Adoption   -   Mar 31, 2023 JP Morgan Pilots Blockchain-Based Dollar Settlement for Indian Banks

The proposed scheme, in the emerging GIFT City financial hub, will allow customers of Indian banks to make and receive instant US dollar transactions, with 24/7 clearing and settlement processes using distributed ledger technology.

Jack Martin
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Adoption   -   Mar 31, 2023 JP Morgan Pilots Blockchain-Based Dollar Settlement for Indian Banks
JP Morgan Pilots Blockchain-Based Dollar Settlement for Indian Banks

The proposed scheme, in the emerging GIFT City financial hub, will allow customers of Indian banks to make and receive instant US dollar transactions, with 24/7 clearing and settlement processes using distributed ledger technology.

Jack Martin
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