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Blockchain-based Smart Contracts, Cross-border Payments Top Fintech Uses in Multinational Firms: Survey

“Blockchain-based smart contracts” triggering payments are being utilized by 42% of the multinational business and finance firms included in a recent survey, with more expecting to begin the practice in the near future. So reports PYMNTS.

blockchain 3277336 640smallThe data was compiled in the new Cryptocurrency, Blockchain and Cross-Border Payments survey sponsored by PYMNTS and Circle. Cross-border payment was the next most popular use of blockchain and cryptocurrency technology for the firms questioned, with 37% currently employing the practice and 13% planning to do so in the near future.

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