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JPMorgan Blockchain Doing $1B/day in Transactions, Welcomes Goldman to the Party

Goldman Sachs is now on the blockchain network built by JPMorgan Chase & Co. Goldman will be utilizing the network for “repurchase agreements that use smart contracts and a digitized version of the U.S. dollar.” So reports Bloomberg.

JPMorganJP Morgan created a new market by using a version of the Ethereum blockchain. Since its first trade in December, it has processed more than $1 billion each day using the Onyx platform.

Read the full article from Bloomberg.

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