How JP Morgan Went From "Bitcoin Is A Scam", To All-In On The Quorum Blockchain | Blockchain Central
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5 سال پیش
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This week on
This week on #BlockchainCentral: JP Morgan's chairman Jamie Dimon was famously known for denouncing Bitcoin as a scam back in 2017, possibly triggering a mass sell off of the world's most popular cryptocurrency. Today, JP Morgan have gone all-in on the Quorum Blockchain, a permissioned, Ethereum-based, network designed to be used in a wide-range of industries from automative, global trade to financial.
We look into the business behind the JP Morgan brand and why they decided to take the most useful (in their opinion) aspects of blockchain technology and convert it into something usable by the existing financial industry, in the form of the #Quorum blockchain.
JP Morgan has created their own stablecoin, JPMCoin, to run on the network for testing instantaneous payments for users of their bank, which highlights one of their biggest steps: that they have circumvented a lot of groundwork by already being a huge part of the world's financial infrastructure.
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Twitter fan? Twitter: BlockchainYT
Love a good read? Medium: blockescence
Sources:
https://markets.businessinsider.com/n...
https://en.wikipedia.org/wiki/JPMorga...
Medium: introduction-to-quorum-blockchain-for-the-financial-sector
Medium: jpm-quorum-0-3-what-is-constellation
https://blockchain.news/Post?id=75b2e...
https://www.coindesk.com/jpmorgan-to-...
https://www.forbes.com/sites/francesc...
https://www.jpmorgan.com/global/news/...
https://www.coindesk.com/microsoft-ma...
https://u.today/fear-of-crypto-jp-mor...
https://commons.wikimedia.org/wiki/Fi...
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'Blockchain Central' is your #1 trusted source for everything crypto. Our host Blu will guide you through weekly news about the political, legal and financial sides of crypto currencies like Bitcoin and Ethereum as well as recent developments in Blockchain technology, Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), Security Token Offerings (STOs) and new coins/tokens.
This content does neither represent financial, legal or tax advice, nor is it supposed to be understood or interpreted as solicitation to buy or sell any securities, coins or tokens!
Want to work with us? Contact us at [email protected]
We look into the business behind the JP Morgan brand and why they decided to take the most useful (in their opinion) aspects of blockchain technology and convert it into something usable by the existing financial industry, in the form of the #Quorum blockchain.
JP Morgan has created their own stablecoin, JPMCoin, to run on the network for testing instantaneous payments for users of their bank, which highlights one of their biggest steps: that they have circumvented a lot of groundwork by already being a huge part of the world's financial infrastructure.
Don't forget to subscribe! http://bit.ly/SubToBlockchainCentral
Twitter fan? Twitter: BlockchainYT
Love a good read? Medium: blockescence
Sources:
https://markets.businessinsider.com/n...
https://en.wikipedia.org/wiki/JPMorga...
Medium: introduction-to-quorum-blockchain-for-the-financial-sector
Medium: jpm-quorum-0-3-what-is-constellation
https://blockchain.news/Post?id=75b2e...
https://www.coindesk.com/jpmorgan-to-...
https://www.forbes.com/sites/francesc...
https://www.jpmorgan.com/global/news/...
https://www.coindesk.com/microsoft-ma...
https://u.today/fear-of-crypto-jp-mor...
https://commons.wikimedia.org/wiki/Fi...
__
'Blockchain Central' is your #1 trusted source for everything crypto. Our host Blu will guide you through weekly news about the political, legal and financial sides of crypto currencies like Bitcoin and Ethereum as well as recent developments in Blockchain technology, Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), Security Token Offerings (STOs) and new coins/tokens.
This content does neither represent financial, legal or tax advice, nor is it supposed to be understood or interpreted as solicitation to buy or sell any securities, coins or tokens!
Want to work with us? Contact us at [email protected]
5 سال پیش
در تاریخ 1398/09/28 منتشر شده
است.
982
بـار بازدید شده