A peer-to-peer network for banks to share information (e.g., to validate accounts before sending payments)
A digital token used for instantaneous cross-border payments between J.P. Morgan clients.
A platform for tokenizing traditional assets (like government bonds) so they can be traded or used as collateral instantly
This is a decentralized finance (DeFi) project, often associated with the token ticker XCN.
Core Purpose: It is a lending and borrowing protocol built on the Ethereum blockchain. It allows users to supply various digital assets (including NFTs) as collateral to borrow other cryptocurrencies.
Token: The native utility and governance token is XCN (formerly known as Chain).
Note: This is a public crypto project and is not the same as J.P. Morgan’s private blockchain.