JPMorgan’s blockchain unit Kinexys and S&P Global test carbon credit tokenization

Odaily News JPMorgan Chase's blockchain division Kinexys has teamed up with S&P Global to explore the tokenized management and issuance of carbon credits, aiming to use blockchain technology to improve the transparency and market liquidity of carbon credits. The project focuses on testing the application of blockchain in carbon credit lifecycle management, data compatibility and registration access. Keerthi Moudgal, head of Kinexys, said that both parties are committed to building a standardized infrastructure to promote financial innovation. Kinexys is JPMorgan Chase's private blockchain network, with a daily transaction volume of US$2 billion. (CoinDesk)