IBM Blockchain, the blockchain unit of global tech giant IBM. It has launched World Wire, a real-time global payments network for regulated financial institutions. Based on Blockchain technology, World-Wire is officially accessible in a growing number of markets.
It has been known as the first blockchain network of its kind to integrate payment messaging, clearing and settlement on a single unified network. IBM World Wire allows participants to dynamically choose from a variety of digital assets for settlement, says the company.
World Wire is designed to optimize and accelerate foreign exchange, cross border payments and remittances.