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JP Morgan Chase Expands Blockchain Project
Summary: According to Financial Times, John Hunter, head of global clearing at JPMorgan, said the interbank information network (IIN) is growing rapidly and the bank isconsidering doing more at the time of settlement. This suggests that investment banking giant JPMorgan Chase is planning to expand its existing blockchain project with clearing functions to counter competition from ...
According to Financial Times, John Hunter, head of global clearing at JPMorgan, said the interbank information network (IIN) is growing rapidly and the bank isconsidering doing more at the time of settlement. This suggests that investment banking giant JPMorgan Chase is planning to expand its existing blockchain project with clearing functions to counter competition from payment services such as TransferWise and Ripple.
