BMW AG has adopted a new system from JPMorgan that uses blockchain to handle some of its foreign exchange transfers. The firm now uses the Kinexys network to transfer funds between its accounts when balances fall below a set level. This setup replaces slower, manual steps with automatic transfers that go through at any hour. The German automaker aims to reduce the need for extra cash in reserve and keep its global operations steady without delays. As per a Bloomberg report, JPMorgan said that the system ...