Quorum Is JP Morgans 1st But Not The Last

in bitcoin •  7 years ago 


Quorum Is JP Morgans 1st But Not The Last


Quorum was without a doubt JP Morgans 1st success story with use of block chain technology. With their new Lead for their blockchain related endeavors, Christine Moy, is making it very clear that JP Morgan wants to be in the forefront of corporate business searching to adapt the blockchain to suit their business and financial needs.

Quorum runs on a private blockchain, and is open sourced. Big corporations are the ones whom use the token and its ethereum based blockchain technology. JP Morgan is helping some really big names implement the tech for their needs. Companies like ING, BlockApps and Broadridge are some of the big names using Quorum and it's blockchain.

JP Morgan is working on tying private and public blockchains together while at the same time trying to solve the problems of todays blockchain. They are hoping to speed up transactions while keeping them secure. All of their efforts seem to be with Quorum 1st and foremost, 2nd they are definitely sold on improving the ethereum blockchain.

Anyways, I think that JP Morgan is a company that we must watch in the future. They are leading they way into a new financial format that is going to be exciting to watch grow to adult hood and gone will be paper and metal monies.....enjoy the post from Coindesk below, just in case ya missed it:

JP Morgan's New DLT Lead: We're Not Done With Blockchain Innovation


Christine Moy, Amber Baldet's successor at JPMorgan, shares her thoughts on the future of enterprise DLT and the role of public blockchain networks.

Read More...

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