Partior, the blockchain-powered platform for ‘value exchange’ from JP Morgan, DBS Bank,andTemasek was unveiled a year ago in Singapore. Two weeks ago, Standard Chartered joined as a backer. Partior is an interbank network supporting multi currency payments starting with the US dollar and Singapore Dollar, with six more currencies currently onboarding. A year on, the company’s global ambitions have become evident.
The stated number one objective is to “build a generally available platform that could support and scale a global ledger,” according to CEO Jason Thompson. Partior is engaged with 60 banks across 15 jurisdictions, and when he spoke to Ledger Insights, Thompson was in London for talks with the Bank of England and others. It’s currently hiring in the five major world financial centers.
“One or two of our industry peersposition us as an Asian boutique network,” observed Thompson. “If an Asian boutique network has the largest bank in the world from the West, then that’s kind of strange.”
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