JPMorgan to launch instant euro-dollar conversions on its blockchain

JPMorgan has developed instant dollar-euro settlements using its Kinexys blockchain, with the new feature slated to go live in the coming months.  According to a Bloomberg News report, the bank will leverage its proprietary JPM Coin to facilitate fast, secure transactions for participating institutions. Once regulatory approvals are obtained, JPMorgan plans to add sterling transactions to... source: https://cryptoslate.com/jpmorgan-to-launch-instant-euro-dollar-conversions-on-its-blockchain/