BlackRock embraces blockchain technology: BlackRock’s involvement illustrates the growing acceptance of blockchain within finance. The purchase of 6.5 million USD in municipal bonds showcases the potential for reduced costs and streamlined processes in capital markets.
JPMorgan streamlines bond transactions: Utilizing JPMorgan’s blockchain platform, the entire lifecycle of these bonds was automated. This integration enhances efficiency, reduces settlement times, and significantly lowers transaction costs.
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