Global financial services platform Marex recently made a big move; they announced that they will use JPMorgan's blockchain payment system, Kinexys Digital Payments. In simple terms, this means that future transfers and settlements will be processed using this new system.

What are the advantages of this new system? First of all, it is built on blockchain technology, which is that so-called "digital ledger" that everyone is talking about. The biggest feature of this thing is that it operates 24/7 without downtime, and can be used anytime, anywhere. Unlike the old banking systems that close at certain times and take weekends off, it can be extremely frustrating when you need money urgently.

Moreover, this system is particularly "smart"; it can automatically complete transfers according to pre-set programs. For example, if you set a rule that says "transfer money to the supplier automatically on the 5th of every month," it can handle it on its own without human monitoring. It's pretty similar to setting up an automatic phone recharge on your mobile, very convenient!

Most importantly, after using this system, the risks associated with transfers can be significantly reduced. Previously, transferring money could take several days, and if something went wrong in the middle, the money could get stuck along the way. Now, with blockchain, transfer records are updated instantly, and no one can change them, which greatly enhances security.

Marex's collaboration with JPMorgan aims to make their payment system more advanced and convenient. Nowadays, everyone is talking about digital transformation, and this is their way of keeping up with the trend. In the future, people using their platform for business should be able to transfer money more quickly and securely, and maybe the transaction fees will even be lower.

In fact, many large companies are now engaging in this kind of blockchain payment, just like when everyone started using Alipay instead of cash, which is considered a major trend. Marex is taking the lead this time; it won't be long before other financial institutions follow suit. By then, for ordinary people, transferring and remitting money might truly be able to achieve "instant arrival!"