Author Topic: Remember JPM Coin? Next Step Is Programmable Money, Bank Exec Says (Read 522 times)

Tanimariya · « **on:** June 07, 2021, 02:00:19 PM »

The global bank is also “keeping a very close eye” on DeFi, says Umar Farooq, head of JPMorgan’s Onyx blockchain team. Two years after JPMorgan grabbed headlines with plans for an in-house digital token, the global megabank is looking to fulfill one of the great promises of electronic currency: programmable money.

Formally launched in October, JPM Coin is, for now, more akin to JPMorgan’s corporate clients holding their U.S. dollar deposit accounts on a blockchain, said Umar Farooq, head of the bank’s Onyx suite of applications. Source

Altcoins Talks - Cryptocurrency Forum · « **on:** June 07, 2021, 02:00:19 PM »

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Author Topic: Remember JPM Coin? Next Step Is Programmable Money, Bank Exec Says (Read 522 times)

Tanimariya

Remember JPM Coin? Next Step Is Programmable Money, Bank Exec Says

Altcoins Talks - Cryptocurrency Forum

Remember JPM Coin? Next Step Is Programmable Money, Bank Exec Says