The global bank is also “keeping a very close eye” on DeFi, says Umar Farooq, head of JPMorgan’s Onyx blockchain team.
Quorum, the enterprise blockchain platform developed by mega-bank JPMorgan Chase, is to be acquired by ConsenSys, the Brooklyn-based Ethereum venture studio.
Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT.
JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.
Dimon believes blockchain is real and is wary of the competition it brings.
Decentralized systems are coming for the banks, argued Circle CEO Jeremy Allaire, in a panel Wednesday at the International Monetary Fund.
Ripple's CEO gave JPMorgan qualified praise for developing its own cryptocurrency before dismissing the product's usefulness.
JPMorgan's CEO has suggested that consumers could eventually use its U.S. dollar-linked token.
The $156 in bitcoin being passed via the "Lighting Torch" is a bigger deal than trillions in JPM Coins would be, writes Michael J. Casey.
While crypto-land is abuzz about JPMorgan’s plan to move dollars via blockchain, a smaller New York bank is already doing this.