Internet reports that JPMorgan Chase Group is developing a new service to tokenize carbon credit lines and has partnered with three carbon credit companies to conduct preliminary trials. According to Wednesday's announcement, Onyx, the bank's blockchain arm, will work with S&P Global Commodity Insights, carbon registries EcoRegistry and the International Carbon Registry to test a new application that converts carbon credits from the three agencies 'regulatory registries into tokens. All parties will explore whether blockchain technology can be applied to the full life cycle management of carbon credits, including ownership tracking from issuance to cancellation.