Tag: JPMorgan

JPMorgan Spinoff Launches its own Hybrid Blockchain for Smart Contracts

Kadena is one of the JPMorgan spinoffs focusing on blockchain technology. The company unveiled its public chain earlier this week, and launched a wallet service to boot. Kadena is a public chain primarily built for smart contracts. Kadena is a Public Blockchain After all  These contracts will be interoperable between its public chain and private chain aspects. It is evident that big banks are also betting big on blockchain infrastructure …
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JPMorgan Files a Blockchain Patent for the Automotive Industry

Numerous companies and financial institutions aim to unlock the power of blockchain. JPMorgan has a very specific use case in mind that might affect the automobile industry. It is interesting to note how banks are exploring the different opportunities ahead of them in the blockchain space today. JPMorgan has a Blockchain Plan For JPMorgan, there is a chance to affect the automobile industry in a rather unique manner. The company …
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JPMorgan Contemplates Providing Bitcoin Futures Trading

The plot continues to thicken when it comes to JPMorgan Chase and Bitcoin. After its CEO denounced Bitcoin as a fraud, customers started buying Bitcoin in large quantities. It now appears the financial institution will actually offer Bitcoin futures trading in the very near future. That in itself is intriguing, although nothing has been set in stone just yet. It will be interesting to see how Jamie Dimon responds to all of …
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Swiss JPMorgan Subsidiary Charged With Money Laundering

It turns out karma is a very real thing. Not too long ago, JPMorgan Chase CEO Jamie Dimon called Bitcoin a tool for money laundering and made some other less-than-flattering comments about the world’s leading cryptocurrency. Karma has come a-knocking for Dimon’s institution, as one of its subsidiaries has since been sanctioned for money laundering and violating supervision laws. Perhaps they should have used Bitcoin after all? JPMorgan and Money Laundering It is always …
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