JPMorgan, the largest bank in the US, is planning to use blockchain technology to improve cross-border currency exchange settlements between the dollar and the euro. The bank’s token, JPM Coin, i
s designed to process $2 billion in transactions daily and will be used for the settlement process. By leveraging blockchain, JPMorgan aims to offer faster and more efficient currency exchanges.
Source
<p>The post JPMorgans JPM Coin: Revolutionizing Cross-Border Settlements first appeared on CoinBuzzFeed.</p>