[Partior Pulse] Single Bank Ledger to Multi-Bank Settlement

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, is live on the Partior network, a multi-currency, blockchain-based clearing and settlement network, becoming the first financial institution in the region to enable real-time, blockchain-based cross-border payments on Partior’ s infrastructure.

NH NongHyup Bank has successfully completed the pilot of blockchain-based cross-border payments, conducted via Partior’s blockchain platform. In the pilot, J.P. Morgan acted as both the beneficiary and settlement bank.

Deutsche Bank today announced that it has successfully conducted its first euro-denominated cross-border payment via Partior’s blockchain platform. The transaction was performed together with DBS, Southeast Asia’s largest bank by assets. Deutsche Bank acted as the settlement bank on the platform and DBS acted as the beneficiary bank.