In a recent report entitled “Unlocking Economic Advantage with Blockchain: A guide for asset managers,” JP Morgan makes the case for blockchain’s use in legacy business and asset management, which includes the bank’s take on blockchain’s adoption timeline.
https://www.jpmorgan.com/global/cib/markets-investor-services/blockchain-economics
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Yeah well - JP Morgan are experts in Financial manipulation and have been known to get that wrong !
Personally, I don’t understand how “Clouds” can keep my information safe and easily retrieved, much less my money !
“Clouds” have this nasty habit of turning into “Rain” !
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The NSA keeps all information on the cloud safe.
JP Morgan always wants to be hip, it seems. JP Morgan Chase & Co has joined a host of other brands like Samsung, Walmart and Nike as well as the embassy of Barbados to become the first major bank to set a foothold in the Metaverse.
Onyx, the block chain division of JP Morgan Chase, formed back in 2020, opened a lounge at the Metajuku mall, a virtual version of Tokyo’s Harajuku shopping district, in Decentraland, a Metaverse backed by the Digital Currency Group.