The City of Quincy, situated adjacent to Boston, Massachusetts, has recently engaged in a pioneering financial endeavor, issuing a $10 million municipal bond utilizing blockchain technology. Spearheaded by JP Morgan, acting as the exclusive underwriter, the tax-exempt seven-year bonds were facilitated through the utilization of the Onyx private permissioned blockchain. JP Morgan’s foray into distributed

Kalp, a public permissioned distributed ledger technology (DLT), and Router Protocol, a prominent blockchain protocol infrastructure provider, have entered a strategic partnership to leverage Router Protocol’s Cross-Chain Intent Framework (CCIF) to streamline the interoperability of Real-World Assets (RWAs) spanning across various permissioned and permissionless blockchain networks. Kalp’s vision of a permissioned, regulatory-compliant public infrastructure is

The City of Quincy on the outskirts of Boston Massachusetts has issued a $10 million municipal bond using blockchain. JP Morgan was the sole underwriter of the tax-exempt seven year bonds and the issuance used the Onyx private permissioned blockchain. This isn’t the first time JP Morgan has used distributed ledger technology (DLT) for debt issuance. In 2018 it issued a Yankee certificate of deposit for the