J.P. Morgan

J.P. Morgan Executes Intraday Repo Transaction Using Blockchain

/
669 views

J.P. Morgan (NYSE: JPM) announced it completed a live, blockchain-based intraday repo transaction. The transaction was successfully conducted between J.P. Morgan’s broker dealer and banking entity, using an in-house developed blockchain application which supported instantaneous settlement and maturity of the transaction in hours, as opposed to days.

More