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QNB Adopts JPMorgan’s Blockchain for Faster USD Payments

Published by
Sohrab Khawas

Qatar National Bank (QNB Group), one of the largest banks in the Middle East, has integrated JPMorgan’s Kinexys Digital Payments blockchain platform to process US dollar corporate payments. This technology allows QNB to settle USD payments for local business clients within minutes, operating 24/7. The move enhances payment speed and reliability compared to traditional banking, which often processes payments only on weekdays and can take several days. This adoption reinforces QNB’s commitment to innovation and customer-centric service.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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