Bitcoin Forum
October 23, 2018, 04:38:21 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: [2018-04-22]JPMorgan, NBC and Others Test Blockchain Debt Issuance  (Read 12 times)
Sr. Member
Offline Offline

Activity: 700
Merit: 261

View Profile WWW
April 22, 2018, 04:48:14 PM

The biggest US bank, JPMorgan Chase & Co tested a new blockchain platform for issuing financial instruments together with the National Bank of and other giant firms seeking to streamline origination, interest rate payments, settlement and many more processes.

The test involved issuance of $150 million of a one-year floating rate Yankee COD together with a “simulation” of the issuance on the blockchain as per the announcement. The Yankee COD allured other leading institutional investors which includes Goldman Sachs Asset Management (GSAM), a Legg Mason subsidiary Western Asset and Pharmaceutical giant Pfizer.

Read the details in the article of Coinidol dot com, the world blockchain news outlet:


[Facebook] •--»  DECOIN  «--• [Bounty]
[World's leading Cryptocurrency Exchange and Trading Platform]
ANN Telegram Whitepaper Twitter
Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!