Internet reports that JPMorgan's blockchain business unit Kinexys (formerly Onyx) has expanded its presence in the Middle East and North Africa, reaching partnerships with eight leading banks in the region. This development marks a broader shift in blockchain integration in banking infrastructure. JPMorgan Chase said on Thursday that six of the eight banks are National Bank of Qatar, National Bank of Saudi Arabia, First Bank of Abu Dhabi, National Bank of United Arab Emirates, Commercial Bank of Dubai and ABC Bank. A spokesman for JPMorgan did not disclose the names of the other two banks. These banks are using Kinexys to improve cross-border payments, fiscal functions and transaction efficiency.