JP 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.
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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.
JP 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.