JPMorgan has been trialling blockchain technology for US dollar transfers between London and Tokyo with 2,200 clients. The bank is also working on a new system to allow customers in the UK to pay bills using bitcoin or other cryptocurrencies.
JPMorgan has been trialling blockchain technology for US dollar transfers between London and Tokyo with 2,200 clients. It hopes to start using the technology later this year to speed up currency clearing and settlement and reduce the bank's risk.