🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Siemens utilizes JPMorgan's Onyx blockchain for Settlement of digital commercial bills
Golden Finance reported that the German industrial giant Siemens successfully issued and settled a digital commercial bill worth 100,000 euros through JPMorgan's Onyx blockchain platform and SWIAT's private blockchain. The transaction was conducted under the German Electronic Securities Act (eWpG), and payment was made using JPM Coin system from JPMorgan. The asset transfer was completed through the delivery versus payment (DvP) mechanism of the SWIAT network. The entire process took only 93 seconds, marking the start of the cooperation between Onyx and SWIAT in developing digital asset issuance products for commercial banks. This move aims to shorten the value chain, enhance transaction flexibility and speed, and promote the scale application of Blockchain in financial transactions.