JP Morgan’s Onyx Blockchain Used for Siemens’ Digital Business Paper Settlement

JP Morgan’s Onyx Blockchain Used for Siemens’ Digital Business Paper Settlement

by Jeremy

Siemens issued €100,000 price of crypto securities below the German Digital Securities Act (eWpG) on September 13, then redeemed it three days later. The funds had been performed on the Onyx community utilizing the JPM Coin System, whereas asset transfers had been settled on the SWIAT community’s delivery-versus-payment (DvP) mechanism.

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