Cryptocurrency Q&A What blockchain does JP Morgan use?

What blockchain does JP Morgan use?

EthereumLegend EthereumLegend Mon Oct 14 2024 | 7 answers 1717
I'm curious to know which blockchain technology JP Morgan has adopted for their operations. I've heard about different blockchains being used in the financial industry, but I specifically want to know about JP Morgan's choice. What blockchain does JP Morgan use?

7 answers

SamsungShiningStar SamsungShiningStar Wed Oct 16 2024
The platform's impact extends beyond mere efficiency gains. It fosters collaboration and trust among participants, as blockchain's immutability and decentralization ensure the integrity of each transaction. This, in turn, promotes financial inclusion and economic growth.

Was this helpful?

283
99
EtherealVoyager EtherealVoyager Wed Oct 16 2024
Onyx has emerged as a trailblazer in the financial technology landscape, introducing the world's very first blockchain-powered platform tailored for wholesale payment transactions. This groundbreaking innovation marks a significant shift in the global financial ecosystem.

Was this helpful?

379
24
amelia_martinez_engineer amelia_martinez_engineer Wed Oct 16 2024
The platform's core lies in its utilization of blockchain technology, which ensures secure, transparent, and efficient transactions. By leveraging this technology, Onyx is revolutionizing the way money, information, and assets flow across borders and industries.

Was this helpful?

201
63
Daniele Daniele Wed Oct 16 2024
Wholesale payment transactions, traditionally complex and time-consuming, are now streamlined and simplified through Onyx's platform. It eliminates intermediaries, reduces transaction costs, and accelerates settlement times, benefitting both businesses and financial institutions.

Was this helpful?

372
29
Isabella Isabella Tue Oct 15 2024
As a result, Onyx's platform is poised to transform the global financial landscape, making it more accessible, inclusive, and efficient. It opens up new avenues for cross-border trade, investment, and capital flows, fueling international commerce and fostering global economic integration.

Was this helpful?

79
44
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts