Siemens and B2C2 Adopt JPMorgan's Blockchain for Forex Transactions

According to PANews, Siemens, a leading industrial company, and digital asset market maker B2C2 have begun utilizing JPMorgan's blockchain-based foreign exchange payment platform. This service facilitates 24/7 cross-border forex transactions in U.S. dollars, British pounds, and euros, enabling nearly instantaneous settlement. Compared to traditional forex transfers, which are limited to weekdays and can take several days to complete, this platform significantly enhances transaction efficiency.