Yesterday, Bloomberg revealed that JPMorgan is exploring a new system for international payments based on blockchain and token deposits.
Bloomberg cites anonymous sources, but says they are people familiar with the project.
It would be a very early-stage project and would be based on a token deposit on the blockchain, which could speed up cross-border payments and settlements.
JPMorgan’s idea for blockchain-based payments
Although what Bloomberg is reporting is neither official nor confirmed, but merely rumours from anonymous sources, the picture seems quite clear.
It should not be forgotten that the bank created its own blockchain-based token, JPM Coin, several years ago, and this is probably where the new project started.
In fact, the bank has already developed the basic infrastructure to handle payments with digital tokens, although the token used for the new project will apparently be different.
This token is not expected to be created until the new project is approved
We współpracy z: https://en.cryptonomist.ch/2023/09/08/jpmorgan-tests-blockchain-based-payments-system/
