Finextra – 2/23/16: JPMorgan Chase is testing the use of distributed ledger technology to move US dollars between London and Tokyo, working with about 2200 clients on the trial ahead of possible live transactions later in the year. The US banking giant is hoping that using blockchain tech for currency clearing and settlement will speed up the process for clients and reduce its risk, according to the Wall Street Journal.
Click here to read more: https://www.finextra.com/newsarticle/28508/jpmorgan-tests-blockchain-for-dollar-transfers-sets-out-digital-progress
Subscribe to the comments for this post?
Share this on Facebook
Share this on LinkedIn
Email this to a friend?
Share this on del.icio.us
Add this to Google Reader
Share this on Technorati
Seed this on Newsvine
Share this on Blinklist
Share this on FriendFeed
Add this to Google Bookmarks
Post on Google Buzz
Post this to MySpace
Share this on Plaxo
Submit this story to Propeller
Add to a lense on Squidoo
Stumble upon something good? Share it on StumbleUpon
Share this on Tumblr
Buzz up!