đ German industrial giant Siemens has successfully issued and settled âŹ100,000 worth of digital commercial paper through JPMorganâs Onyx blockchain platform and SWIAT private blockchain! The transaction was conducted under the German Electronic Securities Act (eWpG), the payment used the JPM Coin System, and the entire process took only 93 seconds â±ïž.
This marks the beginning of Onyx and SWIATâs collaboration to develop asset issuance products on blockchain tracks, with the goal of shortening the value chain and increasing transaction flexibility and speed. What do you think of this innovation? Welcome to discuss in the comments section!
