Blockchains could save banks $10B in cross-border payments costs by 2030

Cross-border payments in their current form tend to be slow, costly and offer limited transparency and traceability. Deploying blockchains — a technology used to maintain shared ledgers across a network of computers — could speed transfers, saving banks $10 billion by 2030, according to a recent report from U.K.-based research firm Juniper. Players offering blockchain-based […]

Source: https://bankautomationnews.com/allposts/payments/blockchains-could-save-banks-10b-in-cross-border-payments-costs-by-2030/

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