The Solana Foundation has released Solana DvP, an open-source delivery-versus-payment program under the MIT license designed for tokenized assets. JP Morgan contributed to its development by sharing its expertise on major market players’ settlement practices. The program enables atomic settlement: both legs of a transaction settle in a single transaction in seconds, compared to a minimum of one business day for US stocks. The code has passed external security audits and privacy functions are announced. JP Morgan’s Kinexys division already processes approximately 2 billion dollars in daily volume on blockchain.
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