​IBM debuts blockchain network for cross-border payments

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IBM on Monday is unveiling a blockchain network for cross-border payments — the first international payments network of its kind.

“This marks a next phase in the evolution of making enterprise blockchain a reality,” Jesse Lund, IBM’s VP of global blockchain market development, told ZDNet. “This is kind of a paradigm shift that is happening. The promise of what digital currency teased us with — what networks like Bitcoin teased us with — is actually coming to enterprise scale and coming to maturity.”

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