{"id":175795,"date":"2023-11-10T18:31:00","date_gmt":"2023-11-11T00:31:00","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/11\/jpmorgan-switches-on-programmable-payments-using-blockchain-tech"},"modified":"2023-11-10T18:31:00","modified_gmt":"2023-11-11T00:31:00","slug":"jpmorgan-switches-on-programmable-payments-using-blockchain-tech","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/11\/jpmorgan-switches-on-programmable-payments-using-blockchain-tech","title":{"rendered":"JPMorgan Switches On Programmable Payments Using Blockchain Tech"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/jpmorgan-switches-on-programmable-payments-using-blockchain-tech2.jpg\"><\/a><\/p>\n<p>One of the most high-profile blockchain systems in traditional banking has added a new feature that lets companies shift cash automatically.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/quote\/JPM: US\" target=\"_blank\" rel=\"noopener\" class=\"\">JPMorgan Chase &amp; Co<\/a>\u2019s JPM Coin now allows clients to program their accounts by plugging in a set of key conditions, enabling them to move funds to cover overdue payments and margin calls. Further down the line, it may help them seize on differences in exchange rates.<\/p>\n<p>Germany\u2019s <a href=\"https:\/\/www.bloomberg.com\/quote\/SIE: GR\" target=\"_blank\" rel=\"noopener\" class=\"\">Siemens AG<\/a> used the system this week, configuring its accounts to transfer money to fill potential shortfalls, Naveen Mallela, head of Coin Systems at JPMorgan\u2019s blockchain division Onyx, said in an interview.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the most high-profile blockchain systems in traditional banking has added a new feature that lets companies shift cash automatically. JPMorgan Chase &amp; Co\u2019s JPM Coin now allows clients to program their accounts by plugging in a set of key conditions, enabling them to move funds to cover overdue payments and margin calls. Further [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3818,45],"tags":[],"class_list":["post-175795","post","type-post","status-publish","format-standard","hentry","category-blockchains","category-finance"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/175795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=175795"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/175795\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=175795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=175795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=175795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}