JPMorgan Is Launching JPM Coin on the Rising Canton Network
JPMorgan is set to launch its JPM Coin on the Canton Network, a blockchain designed for private transactions. This move aims to enhance the bank's digital asset offerings and streamline cross-border payments. The Canton Network allows for secure and efficient transactions while maintaining privacy for users. JPMorgan's involvement signifies a growing trend among traditional financial institutions to adopt blockchain technology for operational improvements.
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