South Korea’s Biggest Bank Taps JPMorgan Blockchain for Trade Payments

KB Kookmin Bank will launch a blockchain payment service for import and export companies in August. The bank will initially process US dollar payments for those clients over JPMorgan’s Kinexys network. It announced the plan on July 26. South Korean Bank Moves Dollar Trade Payments Onto JPMorgan Blockchain Kinexys is JPMorgan’s blockchain unit, formerly known