BlockchainPaymentsPayments Business May-June 2019

Why blockchain for payments?

By Wally Vogel You have probably heard all the blockchain hype and are wondering when or if it will actually play a role in your day-to-day business. Blockchain has often been described as a solution looking for a problem. As a result, you may have seen guides to help decide …

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BlockchainCryptocurrenciesPaymentsPayments Business May-June 2019

Is Blockchain Moving to the Mainstream?

By Monica Eaton-Cardone The J.P. Morgan Chase blockchain-based Interbank Information Network (IIN)’s launch of the JPM Coin digital currency has sparked renewed international interest in both cryptocurrency and blockchain. The company recently announced that 220 banks have signed on to IIN, a major development that will impact payments and other …

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BlockchainPaymentsPayments Business May-June 2019

Canada needs blockchain

By Alastair Johnson The federal government’s Budget 2019 included a proposal for an oversight framework to ensure that “retail payment services providers can continue to offer innovation in services, while remaining reliable and safe”. What’s interesting is that this declaration was not followed by any statement regarding the use of …

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BlockchainPaymentsPayments Business May-June 2019

Blockchain: good governance matters

By Oscar Roque Many view blockchain as a disruptor. But here at Interac we see it as an enabler. To date, our journey has been an exciting one—exploring and experimenting with blockchain technology—while applying it to new use-cases and problem sets. With over three decades of building payments ubiquity in …

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BlockchainPaymentsPayments Business May-June 2019

Bank of Canada, MAS trial DLT

Blockchain The Bank of Canada and the Monetary Authority of Singapore (MAS) have conducted a successful experiment on cross-border and cross-currency payments using central bank digital currencies and distributed ledger technology (DLT). This is the first such trial between two central banks, they said in a release. These technologies have …

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