JPMorgan (NYSE:JPM) and Visa (NYSE:V), two of the biggest names in finance and payments, are working together to make it easier to use their private blockchain solutions Liink and B2B Connect to make cross-border payments.
Forbes said on Oct. 11 that JPMorgan’s Liink is a network that is designed for international transfers and is part of the bank’s Onyx blockchain and payments project. Onyx gives institutions a place to share financial information and check the validity of transactions.