Blockchain Payments Reach South Korea's Largest BankKB Kookmin Bank will launch a blockchain based cross border corporate payment service next month using JPMorgan's Kinexys, according to Yonhap News Agency.The bank will become the first Korean financial institution to use the Kinexys blockchain network for corporate import and export settlements.Per reports, the service will initially support U.S. dollar transfers across 10 countries.The rollout follows KB Kookmin's broader blockchain push after its card u ...

NEW: KB Kookmin Bank, South Korea's largest, is set to launch corporate cross-border payments via Kinexys by @jpmorgan next month.The service will initially cover USD transfers across 10 countries including the U.S., Singapore, UAE, and Saudi Arabia. https://t.co/XEOIlczhzO ...