Siemens and B2C2 are leveraging JPMorgan’s Kinexys blockchain to facilitate real-time foreign exchange (FX) transactions around the clock. This collaboration underscores a significant shift towards incorporating blockchain technology in corporate finance. The use of JPMorgan’s blockchain platform allows both companies to execute FX transactions efficiently, enhancing their operational capabilities. By adopting this technology, Siemens and B2C2 aim to streamline their financial processes and improve transaction speed. This initiative reflects a growing trend among corporations to explore blockchain solutions for financial transactions.
