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TechFlow, Dec 9 — According to Bloomberg, BMW AG has started using JPMorgan Chase & Co's Kinexys blockchain platform to automate foreign exchange transactions. The system can automatically transfer euros from its Frankfurt account when the balance in BMW's New York dollar account falls below a certain threshold.
According to Bloomberg, BMW AG has started using JPMorgan Chase & Co's Kinexys blockchain platform to automate foreign exchange transactions. The system can automatically transfer euros from its Frankfurt account when the balance in BMW's New York dollar account falls below a specific threshold.
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