Advertisement
Share this article

JP Morgan's Onyx Blockchain Used for Siemens' Digital Commercial Paper Settlement

The transaction was a milestone for Onyx and SWIAT, which are collaborating to develop digital asset issuance products on blockchain rails for commercial banks.

CEO Jamie Dimon's JPMorgan Chase & Co. has aided in the tokenization of commercial paper through its Onyx unit. (Jesse Hamilton/CoinDesk)
CEO Jamie Dimon's JPMorgan Chase & Co. has aided in the tokenization of commercial paper through its Onyx unit. (Jesse Hamilton/CoinDesk)