WhiteSight

JPMorgan’s BlockChase: Dallying On Blockchain And Web 3

Table of Contents

JPMorgan has always been on a quest to embrace disruptive trends as the traditional banking industry gets challenged with emerging technologies and evolving business models. Despite being an incumbent bank, the financial goliath has never shied away from diversification and experimenting with modern technology as is evident from their innovation and investment strategy. In 2015, the Wall Street Bank made its first attempt to foray into the blockchain industry, when it partnered with eight other banks including Barclays and BBVA to form a consortium led by R3. In our previous post, we explored the Goliath’s Resurgence by taking a look at its FinTech playbook. In this post, we add a crypto twist to this playbook by seeking the goliath’s tryst with the crypto phenomenon across the themes of blockchain, cryptocurrencies, NFTs, and the metaverse. 2015-2019: Betwixt and Between The Crypto CrazeJPMorgan’s association with blockchain can be traced back to Feb 2016 – when the bank began a trial test of the technology similar to one that underlies bitcoin – by tapping into Digital Asset Holdings. The following year, they launched their own blockchain, Quorum, hoping to explore potential ways the DLT might help accelerate the rate it transacts business. However, […]

This post is only available to members.

Already a subscriber? Log in to Access

Unlock this blog

Gain exclusive access to this blog alone.

Radar Subscription

Select a membership plan that resonates with your
goals and aspirations.

Not Ready to Subscribe?

Experience a taste of our expert research with a complimentary guest account.

We publish new research regularly. Subscribe to stay updated.
No spam. Only the best in class fintech analysis.



    Related Posts
    Saudi-OB-Featured-Image
    Complimentary Research

    Symbiosis in Action: Saudi Arabia’s Open Banking Renaissance In the quest to build vibrant, diversified economies beyond the oil horizon,...

    EmFi-Roundup-Instore-Payments-Featured-Image
    Complimentary Research

    Tap to Pay and SoftPOS: Saving Lunch Breaks in 2023! In a world where our smartphones know our coffee orders...

    EmFi-Roundup-Incar-Payments-Featured-Image
    Complimentary Research

    Car-venient Fintech: Buckle Up for In-Vehicle Payments! Ever binge-watched the futuristic Bond or Star Wars movies, marvelling at those high-tech...

    2023-Roundup-Asset-Tokenisation-Featured
    Complimentary Research

    Snazzy Tokens, Real-world Impact: Welcome to Asset Tokenisation! As 2023 dawned, we saw several buzzwords from the crypto universe do...

    EmFi-Roundup-Payments-Featured-Image
    Complimentary Research

    Payment Platforms’ New Side Hustle Remember when payment pros caught the digital payment craze during the pandemic? Well, as the...

    EmFi-Roundup-SMBs-Featured_Image
    Complimentary Research

    SMB Financing: Cat Bath or Credit Path? For small and midsize businesses (SMBs), trying to get a loan from traditional...

    Select currency
    WS_Logo_-for-White-BG-01.png