Category Archives: Banking

Banking, Blockchain, Crypto Currency, ETH, Ethereum, Exchange, Token, Trading, Wallet

P2PS token listed on Dex-Trade.com

Hello Everyone, the crypto news of today is that P2P Solutions Foundation (P2PS) just got listed on Dex-Trade. We already have a positive experience of this exchange from other tokens.

P2PS token is an ERC20 token and smart contract system built on the Ethereum blockchain it is transferable between users and platforms using ERC20-compatible wallets like Metamask, and is integrated into a few crypto exchanges like dex-trade.com

The token pair is listed as: P2PS/ETH  (please see link below).

https://dex-trade.com/spot/trading/P2PSETH?interface=classic

https://api.dex-trade.com/upload/news/15011/1677055719_15011.jpg

Here is the news post on Dex-Trade.com

https://dex-trade.com/news/p2ps-is-listed-on-dex-trade

Project Summary: P2PS is the world’s first blockchain-powered, secure, pure peer to peer, interference free digital communication platform designed for everyone with a need to securely store and exchange digital data such as private data, medical records, banking data and government classified data, among other sensitive digital exchanges. Such platforms today are non-existent.

https://www.p2psf.org//wp-content/themes/twentyseventeen/assets/images/P2PSF-GIF.gif

The P2PS crypto-token is designed to be used by members within the P2PS platform. It primarily assists in transactions on the decentralized, secure and interference free, Peer-to-Peer Communication System platforms used in Government & Defense, Digital Education & Delivery, Medical & Pharma, Banking & Finance, and other corporate sectors.

For more information and market data:

https://www.p2psf.org/

https://coinmarketcap.com/currencies/p2p-solutions-foundation/

Banking, Blockchain, Ethereum

Blockchain is being used by JPMorgan for collateral statements

JPMorgan

JPMorgan has started to utilize blockchain for insurance settlements, starting with a pilot exchange performed a week ago.
The exchange included resources from BlackRock, which was not straightforwardly engaged with the exchange as a counterparty.
However JPMorgan has embraced blockchain for institutional use, its CEO, Jamie Dimon, stays condemning of Bitcoin.

In a pilot blockchain exchange, JPMorgan Chase and Co. moved tokenized currency market store shares as insurance on Friday, May 20.

The exchange included resources from BlackRock, the world’s biggest resource supervisor. Blackrock was not straightforwardly engaged with the exchange as a counterparty. Be that as it may, Blackrock has been “intensely involved since Day One” and is as yet investigating blockchain innovation as indicated by Ben Challice, JPMorgan’s worldwide head of exchanging administrations.

The development will permit financial backers to involve a more extensive assortment of resources as insurance and do exchanges beyond market hours. Challice noticed that the exchange achieved a “contact less exchange of insurance resources on a quick premise.”

JP Morgan additionally plans to grow tokenized security to incorporate values and fixed pay, as indicated by the present report.

JPMorgan’s Previous Blockchain Efforts

JP Morgan has been vigorously associated with blockchain throughout recent years and has made different items.

It sent off Quorum, a venture form of Ethereum in 2016. Majority was procured by ConsenSys in August 2020. Following that deal, JP Morgan sent off a new interior blockchain item considered Onyx and its own inner stablecoin in October 2020.

JPMorgan additionally started to utilize blockchain for exchanges connected with repurchase acquiring in 2020. As indicated by Bloomberg, more than $300 billion of significant worth has been dealt with through those exchanges, some of which included Goldman Sachs.

Regardless of the organization’s new ability to embrace blockchain innovation for institutional purposes, it has likewise become notorious for CEO Jamie Dimon’s well established antagonism toward Bitcoin. Dimon has on occasion considered Bitcoin a “cheat” and “useless”, however more as of late has yielded that there is client interest for it.

Source : https://cryptobriefing.com/jpmorgan-is-using-blockchain-for-collateral-settlement/

https://www.bloomberg.com/news/articles/2022-05-26/jpmorgan-finds-new-use-for-blockchain-in-collateral-settlement