Banks turn to BLOCKCHAIN as JP Morgan launches own cryptocurrency tech

Banks turn to BLOCKCHAIN as JP Morgan launches own cryptocurrency tech
 

JP Morgans blockchain lead Amber Baldet said the bank is planning to use its own blockchain network, Quorum to bring about collaboration across different blockchain networks.
A blockchain is a decentralised, public ledger of all cryptocurrency transactions that are constantly growing as ‘completed’ blocks are recorded and added to it in chronological order.
JP Morgan’s own blockchain network is based on the blockchain used by Ethereumm, the second leading cryptocurrency.
Whilst at an Ethereum based conference called EthCC based in Paris on March 9, Ms Baldet outlined her aims for the bank's... read more

 
13 March 2018 in Business, Views: 185
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