South Korea’s KB Kookmin Bank to launch cross-border payment service on JPMorgan’s Kinexys: report

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KB Kookmin Bank, the largest bank in South Korea, plans to launch a blockchain-based cross-border corporate payments service next month, according to Yonhap. The service will be hosted on JPMorgan’s Kinexys platform, formerly known as Onyx. This represents the largest commercial bank deployment of this blockchain infrastructure to date.

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