IBM World Wire: How Does It Stack Up to Competing Blockchain Payment Services?

In mid-March, IBM launched its World Wire global payment tool. Built on the Stellar network, World Wire is a blockchain-based payment service designed to allow participating banks to carry out money transfers and settlements internationally. The service enters a market where competing products from major players such as Ripple and JP Morgan have already gained traction—not to mention more decentralized blockchain options such as Bitcoin...