#JPMorgan to manage interbank dollar transfers on its #blockchain -based trading platform, Onyx

JPMorgan has partnered with six Indian banks to settle interbank dollar transactions on its blockchain-based trading platform, #Onyx . The investment bank will run a pilot project over the coming months alongside #HDFCBank , ICICI Bank, #AxisBank , Yes Bank, IndusInd Bank and JPM's own banking unit in Gujurat, India.