Search Results for: JPM

JPMorgan Chase

JPMorgan Chase Soon To Start Customer Trials of Its Stablecoin

JPMorgan Chase is all ready to test its native stablecoin ‘JPM Coin” with its clients. The trial will involve its customers to test the technology. It intends to speed up the payments between the firms and bond transactions. There are fair chances of getting regulatory permission soon for these trials. It will be conducted on this assumption…

JPMorgan Tests Ethereum Privacy Technology with AZTEC

JPMorgan Tests Ethereum Privacy Technology with AZTEC

JPMorgan Chase has announced that it is testing a new privacy protocol called as zero-knowledge proofs to allow private transactions efficiently. The protocol that has been built by AZTEC, a London blockchain startup, is aimed at allowing efficient encryption of blockchain data at lesser costs. As stated, JPMorgan’s Quorum team is testing AZTEC with an intent to industrialize zero-knowledge proofs for Quorum.

JPM Coin is Not a Cryptocurrency, Claims Cheddar Reporter

JPMorgan Clarifies That JPM Coin is Not a Cryptocurrency

JPMorgan has cleared that JPM Coin is not a cryptocurrency, which can be used for trading purpose, rather it is a stable coin created for payments processing and settling debts within JPMorgan Chase. Umar Farooq, JP Morgan’s head of digital treasury services and blockchain, has linked the launch of the coin to the firm’s decision to meet its customers’ demand for a secure and instant payments processing platform.

Privacy Enhancing Tool

JP Morgan Chase Introduces Privacy Enhancing Tool for Payment Systems

JP Morgan Chase, the top banking firm of USA has developed a Privacy Enhancing Tool. As the name suggests, It will protect the payment systems that make use of the Ethereum based blockchain. This tool is possibly an extension of the Zether payment mechanism. It uses zero-knowledge proof (ZKP) technology. JPM’s Privacy Enhancing Tool will […]

Privacy Enhancing Tool

JP Morgan Chase to Add New Features to its Blockchain Based Payment System

JP Morgan chase will soon integrate a real-time verification for transactions done via its Interbank Information Network. The IIN is based on Blockchain technology. This Blockchain Based Payment System resolves erroneous payments which happen due to any data compliance issue. With this system, the payment clearance issues linked with multiple banks get solved easily. Currently, […]

JPMorgan Tests Ethereum Privacy Technology with AZTEC

J.P. Morgan Bangs Crypto World By Introducing America’s First Digital Dollar

J.P. Morgan has announced the launch of America’s first digital coin, dubbed as JPM Coin, that represents the U.S. Dollar. The firm has disclosed its plans to extend the virtual coin to other currencies in the coming days. Built on Quorum, an enterprise grade Ethereum blockchain, JPM Coin allows users enjoy instantaneous transfer of payments between institutional accounts, along with ensuring confidentiality and security from potential frauds.