JPMorgan Chase ends the redemption period of the blockchain-based period, and the cash portion uses JPMCoin.

According to Yahoo on December 10, JP Morgan announced that it had completed the blockchain-based schedule for purchasing return dates. Trading uses a blockchain application developed by JPMorgan Chase and completed by broker and bank. According to authorities, the use of blockchain allows borrowers and lenders to conduct short-term intraday repurchase transactions via synchronized real-time settlement, creating a new way to secure intraday liquidity. The proof and the money of the redemption order were decided using the blockchain, and the money used the JPM coins. In October of this year, JPMorgan Chase launched Onyx, a new division for blockchain and digital assets. The day redemption app is used on a platform developed by Onyx and uses JPM Coins as cash.