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  • 20 Dec 21

The Crypto Report: Coinsilium launches NFT Marketplace beta, JPMorgan Chase partners with Siemens

The Crypto Report: Coinsilium launches NFT Marketplace beta, JPMorgan Chase partners with Siemens


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Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) has launched the beta version of its NFT Marketplace, which is now live on the RSK Testnet. The marketplace was designed and built by Coinsilium subsidiary Nifty Labs. The company said in a statement - "The NFT Marketplace enables the creation of smart contracts for NFTs secured by the Bitcoin network, with corresponding lower gas fees compared to those on the Ethereum network.”

JPMorgan Chase has announced it will partner with industrial manufacturing company Siemens to develop a blockchain-based system for Siemen’s payments, which is expected to improve the automation needed in order to process the greater number of payments it expects due to the growing popularity of payment models like pay-per-use. The infrastructure uses JPMorgan’s blockchain unit named Onyx

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