JP Morgan will open its permissioned blockchain Onyx to third-party apps
2024-05-11 06:57:44
JPMorgan plans to open up its permissioned blockchain Onyx to allow third parties to deploy applications, which will also enable others to tokenize assets on the JPMorgan blockchain. It is reported that the JPM Coin Systems team, a blockchain-based account solution, is focusing on building Onyx Digital Assets and working with third parties in the field. Additionally, JPMorgan VP Stephanie Lok revealed that the Onyx blockchain has now processed over $1 trillion in nominal transactions and up to $2 billion per day.
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