Home Qatar National Bank Adopts JPMorgan’s Blockchain For Payments

Qatar National Bank Adopts JPMorgan’s Blockchain For Payments

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Qatar National Bank Adopts JPMorgan’s Blockchain For Payments
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Qatar National Bank has become the first bank in Qatar to integrate JPMorgan Chase’s Kinexys blockchain for corporate payments.

Announced on September 29, the Doha branch will now process U.S. dollar transactions round-the-clock, settling payments within minutes.

The move positions QNB ahead in financial innovation while replacing older systems that took days.

Executive VP Kamel Moris called it a step towards client-first services. Few banks in the Middle East have made such strides, marking a bold expansion of blockchain’s role in regional banking.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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