Stock Groups

JPMorgan trials blockchain for collateral settlement in after-hours trading -Breaking

[ad_1]

JPMorgan trial blockchain in collateral settlement for after-hours trades

Multinational investment bank JPMorgan Chase (NYSE:) & Co is reportedly trialing the use of its own private BlockchainFor collateral settlements

Bloomberg reported that JPMorgan carried out a pilot transaction, in which two of its entities transferred a tokenized representation Black Rock Inc. money fund shares.