🚨 Urgent Alibaba teams up with JPMorgan to revolutionize cross-border payments with
#Blockchain and #Tokenization.
🤝💻 The e-commerce giant, through Alibaba.com, is integrating the "JPM Coin / Kinexys" infrastructure of the bank to streamline and reduce the cost of international transactions. 🚀
How does it work? 🤔
They are tokenizing fiat currencies (USD 🇺🇸 and EUR 🇪🇺), backed by real deposits, allowing for direct and instant digital currency transfers.
Key benefits:
Speed: Settlements in less than 3 minutes (vs. days with traditional methods!). ⏱️
Savings: Cost reduction of up to 70%. 💸
Efficiency: Fewer intermediaries and smoother processes. streamlined.
Additionally, this "deposit token" approach allows Alibaba to innovate while respecting strict Chinese regulations on stablecoins. 🇨🇳
This is a giant step that demonstrates how major platforms are adopting decentralized technology to solve real efficiency problems in global trade, integrating AI to further automate processes.
The future of payments is already here, and it is digital and instant. 💡
#Alibaba #JPMorgan #PagosDigitales #Fintech #Innovacion
