Align Commerce, a blockchain payment solutions provider based in San Francisco, has announced the launch of their new payment rail that will allow its clients to send near-instant payments to and from China.
The new payment bridge will give import-export businesses an alternative to traditional wire transfers payments, which are extremely slow and costly when compared to payments on the blockchain. AC’s blockchain-based service also gives clients the ability to track the progress of their cross-border payments in real-time.
With this move, Align Commerce has positioned itself to capitalize on the mammoth $555 billion bilateral trade that takes place every year between the US and China.
http://themerkle.com/news/align-commerce-launches-blockchain-payment-rail-to-china/