SBI joins JPMorgan's blockchain-based payment network

The tie up is expected to reduce SBI customers’ transaction costs and time taken for payments, sources said. Time taken to resolve cross-border payments-related inquiries can be reduced to a few hours from up to a fortnight, they said. This will help cross-border payments reach beneficiaries faster and using limited steps.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/state-bank-of-india-joins-jpmorgans-blockchain-based-payment-network/articleshow/81167430.cms