Summary:
- OCBC Bank and Ant Group have partnered to develop a blockchain-based cross-border payments solution for small and medium-sized enterprises (SMEs).
- The solution aims to enable faster, more transparent, and more cost-effective cross-border payments for SMEs by leveraging blockchain technology.
- The partnership combines OCBC's banking expertise and Ant Group's blockchain capabilities to create a seamless cross-border payment experience for SMEs.