Quincy Utilizes Blockchain for $10 Million Municipal Bond Issuance – CoinTrust
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