The post Siemens and B2C2 Implement JPMorgan’s Blockchain FX Platform appeared on BitcoinEthereumNews.com. Key Points: Siemens and B2C2 use JPMorgan’s blockchain for 24/7 FX payments. Kinexys handles $2 billion daily. JPMorgan leads blockchain for institutional flows. Siemens and B2C2 have adopted JPMorgan Chase’s Kinexys blockchain platform to facilitate 24/7 foreign exchange payments, enhancing transaction speeds, according to Bloomberg on October 22. This move signals a growing institutional embrace of blockchain technology for efficient cross-border transactions, potentially reshaping the financial industry landscape. Siemens and B2C2 Revolutionize FX with Kinexys Industrial powerhouse Siemens and digital asset market maker B2C2 have started using JPMorgan’s Kinexys for cross-border foreign exchange payments. This move represents a significant enhancement in transaction efficiency, previously hindered by traditional systems, enabling continuous FX operations. The adoption of JPMorgan’s blockchain infrastructure by major companies illustrates a shift towards innovative financial technologies. With volume exceeding $1.5 trillion, the platform provides speed and accessibility not matched by conventional means, with settlements no longer restricted to business hours. Reactions in the industry highlight the importance of institutional blockchain adoption. Nicola Bates of Siemens expressed a commitment to innovation, stating, “Being at the forefront of change is crucial.” Jamie Dimon from JPMorgan noted the value of blockchain for such use cases. Here’s a relevant insight: Umar Farooq, Co-Head of Payments at JP Morgan, remarked, “Together with our clients, we aim to move beyond the limitations of legacy technology and realize the promise of a multichain world.” Historical Context and Future Implications Did you know? Siemens previously issued €100,000 of tokenized commercial paper on a private blockchain, settling in 93 seconds, a feat that supports the current initiative’s technological shift. According to CoinMarketCap, J.P. Morgan Deposit Token (JPMD) holds no market value, with zero market cap or trading volume as of October 22, 2025. Despite its institutional use, public trading infrastructure does not reflect its activities, following a… The post Siemens and B2C2 Implement JPMorgan’s Blockchain FX Platform appeared on BitcoinEthereumNews.com. Key Points: Siemens and B2C2 use JPMorgan’s blockchain for 24/7 FX payments. Kinexys handles $2 billion daily. JPMorgan leads blockchain for institutional flows. Siemens and B2C2 have adopted JPMorgan Chase’s Kinexys blockchain platform to facilitate 24/7 foreign exchange payments, enhancing transaction speeds, according to Bloomberg on October 22. This move signals a growing institutional embrace of blockchain technology for efficient cross-border transactions, potentially reshaping the financial industry landscape. Siemens and B2C2 Revolutionize FX with Kinexys Industrial powerhouse Siemens and digital asset market maker B2C2 have started using JPMorgan’s Kinexys for cross-border foreign exchange payments. This move represents a significant enhancement in transaction efficiency, previously hindered by traditional systems, enabling continuous FX operations. The adoption of JPMorgan’s blockchain infrastructure by major companies illustrates a shift towards innovative financial technologies. With volume exceeding $1.5 trillion, the platform provides speed and accessibility not matched by conventional means, with settlements no longer restricted to business hours. Reactions in the industry highlight the importance of institutional blockchain adoption. Nicola Bates of Siemens expressed a commitment to innovation, stating, “Being at the forefront of change is crucial.” Jamie Dimon from JPMorgan noted the value of blockchain for such use cases. Here’s a relevant insight: Umar Farooq, Co-Head of Payments at JP Morgan, remarked, “Together with our clients, we aim to move beyond the limitations of legacy technology and realize the promise of a multichain world.” Historical Context and Future Implications Did you know? Siemens previously issued €100,000 of tokenized commercial paper on a private blockchain, settling in 93 seconds, a feat that supports the current initiative’s technological shift. According to CoinMarketCap, J.P. Morgan Deposit Token (JPMD) holds no market value, with zero market cap or trading volume as of October 22, 2025. Despite its institutional use, public trading infrastructure does not reflect its activities, following a…

Siemens and B2C2 Implement JPMorgan’s Blockchain FX Platform

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Key Points:
  • Siemens and B2C2 use JPMorgan’s blockchain for 24/7 FX payments.
  • Kinexys handles $2 billion daily.
  • JPMorgan leads blockchain for institutional flows.

Siemens and B2C2 have adopted JPMorgan Chase’s Kinexys blockchain platform to facilitate 24/7 foreign exchange payments, enhancing transaction speeds, according to Bloomberg on October 22.

This move signals a growing institutional embrace of blockchain technology for efficient cross-border transactions, potentially reshaping the financial industry landscape.

Siemens and B2C2 Revolutionize FX with Kinexys

Industrial powerhouse Siemens and digital asset market maker B2C2 have started using JPMorgan’s Kinexys for cross-border foreign exchange payments. This move represents a significant enhancement in transaction efficiency, previously hindered by traditional systems, enabling continuous FX operations.

The adoption of JPMorgan’s blockchain infrastructure by major companies illustrates a shift towards innovative financial technologies. With volume exceeding $1.5 trillion, the platform provides speed and accessibility not matched by conventional means, with settlements no longer restricted to business hours.

Reactions in the industry highlight the importance of institutional blockchain adoption. Nicola Bates of Siemens expressed a commitment to innovation, stating, “Being at the forefront of change is crucial.” Jamie Dimon from JPMorgan noted the value of blockchain for such use cases. Here’s a relevant insight: Umar Farooq, Co-Head of Payments at JP Morgan, remarked, “Together with our clients, we aim to move beyond the limitations of legacy technology and realize the promise of a multichain world.”

Historical Context and Future Implications

Did you know? Siemens previously issued €100,000 of tokenized commercial paper on a private blockchain, settling in 93 seconds, a feat that supports the current initiative’s technological shift.

According to CoinMarketCap, J.P. Morgan Deposit Token (JPMD) holds no market value, with zero market cap or trading volume as of October 22, 2025. Despite its institutional use, public trading infrastructure does not reflect its activities, following a model different from public cryptocurrencies.

J.P. Morgan Deposit Token(JPMD), daily chart, screenshot on CoinMarketCap at 09:01 UTC on October 22, 2025. Source: CoinMarketCap

Insights from Coincu suggest that permissioned blockchain platforms like Kinexys align with evolving regulatory trends that favor real-time and auditable financial services. The success of Kinexys could stimulate further development in enterprise tokenization and programmable money applications.

Source: https://coincu.com/blockchain/siemens-b2c2-jpmorgan-blockchain-fx/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Stablecoins firm as Mastercard enables stablecoin settlement

Stablecoins firm as Mastercard enables stablecoin settlement

The post Stablecoins firm as Mastercard enables stablecoin settlement appeared on BitcoinEthereumNews.com. What Mastercard’s Crypto Partner Program is and how it
Share
BitcoinEthereumNews2026/03/12 10:44
South Africa launches HIV vaccine trial

South Africa launches HIV vaccine trial

South Africa HIV vaccine trial efforts are advancing after researchers launched the first locally developed HIV vaccine study on the continent.   South Africa expands
Share
Furtherafrica2026/03/12 09:30