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Media: JPMorgan Develops Blockchain Payment Solution for Siemens

by Vaibhav
December 21, 2021
in News
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JPMorgan: Ethereum’s Growth Potential Is Higher Compared To Bitcoin
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Onyx division of US financial holding JPMorgan creates payment solution for industrial conglomerate Siemens, reports Financial Times…

According to the publication, Onyx is creating a tool to automate Siemens intercompany payments. Payments in the system are denominated in dollars, later support for the euro will appear.

“We’ve seen a lot of change driven by digital business models,” said Heiko Nix, head of cash and payments management at Siemens.

Recall that in July, JPMorgan opened 84 blockchain-related vacancies. Many of them involve employment in the Onyx division, which focuses on distributed ledger projects and the JPM Coin stablecoin.

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In March, JPMorgan posted 56 blockchain jobs, some of which related to JPM Coin.

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Onyx division of US financial holding JPMorgan creates payment solution for industrial conglomerate Siemens, reports Financial Times…

According to the publication, Onyx is creating a tool to automate Siemens intercompany payments. Payments in the system are denominated in dollars, later support for the euro will appear.

“We’ve seen a lot of change driven by digital business models,” said Heiko Nix, head of cash and payments management at Siemens.

Recall that in July, JPMorgan opened 84 blockchain-related vacancies. Many of them involve employment in the Onyx division, which focuses on distributed ledger projects and the JPM Coin stablecoin.

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In March, JPMorgan posted 56 blockchain jobs, some of which related to JPM Coin.

Subscribe to Cryplogger news in Facebook!

Found a mistake in the text? Select it and press CTRL + ENTER

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