Today, a new player – financial services giant JPMorgan Chase – is upending that landscape. Today they’re in the process of expanding Kinexys, a blockchain-based payment platform that’s destined to revolutionize global commerce. Adding the British pound (GBP) to Kinexys just made that progress even more exciting! If enacted, this...
Then I bought this weaving business — Fatima I recently caught up with Fatima, who operates a small but growing textile enterprise in Lagos. When we exchanged ideas on payments, her face darkened. She exports colourful Ankara fabrics to the UK. “These fees are killing us,” she admitted, “and the...
In a bid to deepen its blockchain-based payments system, Kinexys, JPMorgan has expanded it to support British pound-denominated accounts. This expansion is the latest step in JPMorgan’s ambitious plans to bring blockchain tech to its corporate client services. The Kinexys platform originally set out to be transaction-agnostic but was led...
Has JPMorgan really seized the future of global finance? Or is this just stablecoin trend following that we’re seeing with their integration of GBP into Kinexys? We've seen this movie before. It seems like everyone touting blockchain claims that it will deliver results that are faster, cheaper, and better. But...