JPMorgan Quietly Tests ''Blockchain'' With 2,200 Clients

by Steve Murphy 0

This is very much in line with what Mercator had discussed in the recently published Blockchain in Corporate Banking: What’s Up?. In this research we project that 2016 will be the year when corporate banking scenarios that logically align with potential blockchain strengths will be piloted. In effect, JPMC is reviewing the efficacy of faster cross border payments using the blockchain (although the article does not specifically state cyptocurrency as a vehicle). This is one of the related use cases that we pointed out in this report. We would expect to see several other use cases coming to light from various banks during the course of 2016. Stay tuned.

Overview by Steve Murphy, Director, Commercial and Enterprise Payments Advisory Service at Mercator Advisory Group

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