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UnionBank Claims Cross-border Blockchain Remittance Breakthrough

Cryptonews UnionBank of the Philippines says that has successfully completed a blockchain-based remittance transaction from Singapore to its home country – becoming the first Philippine bank ever to do so. The pilot was conducted in conjunction with the OCBC Bank in Singapore and fellow Philippines-based bank the Rural Bank of Cantilan. And – per a UnionBank press release – July 24, 2019 at 11:12AM By Crypto News

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