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Mitsubishi joins JPMorgan Kinexys blockchain as institutional adoption grows

From tradersunion.com

​Mitsubishi has joined JPMorgan’s Kinexys blockchain network. Given the scale of the Japanese conglomerate, with extensive global operations across energy, manufacturing, and logistics, the move is expected to further boost JPMorgan’s network, which already processes at least $2 billion in daily payments. JPMorgan’s Kinexys network is gaining traction among institutional clients. According to the bank, the private blockchain has processed over $3 trillion in payments, although some estimates suggest lower figures. Still, Kinexys handles at least $2 billion in daily volume, with clients including Qatar National Bank ... (full story)

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  • Category: Fundamental Analysis