NH Nonghyup Bank Partners with Partior to Enhance Blockchain-Powered International Transfers

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NH Nonghyup Bank Partners with Partior to Enhance Blockchain-Powered International Transfers NH Nonghyup Bank, one of South Korea’s leading financial institutions, has joined forces with Partior, a blockchain-focused fintech company, to improve international money transfer services through blockchain technology.

By leveraging blockchain’s capabilities, the partnership seeks to address the challenges associated with traditional international transfers, such as high costs, slow processing times, and limited transparency.

By leveraging blockchain, this collaboration aims to increase transparency, reduce transaction times, and cut costs, setting a new standard for cross-border banking.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaSouth Korea

Topics: Blockchain News Blockchain International Transfers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 10:11:31 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 532 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23569039

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