[BMW Adopts JPMorgan Blockchain System for Automated Forex Transfers] According to Bloomberg, BMW AG (BMW Group) has integrated JPMorgan Chase's Kinexys platform to automate certain foreign exchange transfers using blockchain: when the USD balance in its New York account falls below a set threshold, the system automatically transfers euros from its Frankfurt account. This solution leverages on-chain speed and programmability to reduce the need for reserve capital buffers to address insufficient funds.