UBS Leads New Blockchain Settlement Group
PYMNTS
JUNE 3, 2019
Credit Suisse Group AG, Bank of New York Mellon Corp., Banco Santander SA, Commerzbank AG, ING Groep NV, KBC Group NV, Lloyds Banking Group PLC, Mitsubishi UFG Financial Group Inc. With a blockchain-based system, all the functions performed by intermediaries are theoretically baked into the transaction itself.
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