Loading...
Market
UBS expands blockchain payment system to 3+ global banks by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Public announcements by UBS or the involved banks, press releases, and financial news outlets
Story
UBS Successfully Pilots Blockchain-Based Payment System for Cross-Border Transactions
Nov 7, 2024, 01:45 PM
UBS, Switzerland's largest bank, has successfully piloted a blockchain-based payment system. The new system, known as UBS Digital Cash, aims to enhance financial transactions by enabling real-time global payments in multiple currencies. This initiative represents a significant step in financial innovation and could inspire other banks to adopt blockchain technology for efficient cross-border transactions.
View original story
Similar markets
Yes • 50%
No • 50%
Bank of America • 25%
Wells Fargo • 25%
Citibank • 25%
Goldman Sachs • 25%
JPMorgan • 25%
UBS • 25%
Citi • 25%
Fidelity • 25%
HSBC • 25%
JP Morgan • 25%
Deutsche Bank • 25%
Other major bank • 25%
Yes, major banks adopt blockchain • 25%
No, minor adoption only • 25%
No adoption • 25%
Other technologies adopted • 25%
Yes • 50%
No • 50%
Ethereum Foundation • 25%
ZKsync • 25%
Another Blockchain Firm • 25%
No Key Partner • 25%
UBS • 25%
Credit Suisse • 25%
Raiffeisen • 25%
Other • 25%