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IBM Blockchain World Wire revolutionize cross-border payments.

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Abstract

Find out how to seamlessly integrate IBM Blockchain World Wire into your cross-border payment systems. IBM Blockchain World Wire network will revolutionize cross-border (Forex) payments.

Content

 Sending money across borders today requires series of intermediaries for both clearing and settlement, each adding time and cost to the process.

 
 
 
 
Today - Current International payment system

 

 

With IBM Blockchain World Wire, clearing and settlement with finality happens in near real-time. The solution uses digital as sets to settle transactions — serving as an agreed-upon store of value exchanged between parties — as well as integrating payment instruction messages. 

 
FX Tomorrow with IBM Blockchain World Wire

 
It all means funds can now be transferred at a fraction of the cost and time of traditional correspondent banking.

IBM Blockchain World Wire difference

Find out how to seamlessly integrate IBM Blockchain World Wire into your cross-border payment systems today at

ibm.com/blockchain/solutions/world-wire .

 

 

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Product Synonym

IBM World Wire

Document Information

Modified date:
08 March 2022

UID

ibm10737915

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