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> Not all of those bets, which include several projects based on a distributed ledger, like blockchain, will pay off, which JPMorgan says is OK. One example exe
by isubkhankulov 10y ago
> Not all of those bets, which include several projects based on a distributed ledger, like blockchain, will pay off, which JPMorgan says is OK. One example executives are fond of mentioning: The firm built an electronic platform to help trade credit-default swaps that sits unused.
so it looks like JPM might have written off "blockchain"?
- _-__--- 10y agoTo me, that reads as the author writing off blockchain moreso than the JPM representative. To be fair, there are plenty of ways that blockchained systems can fail.
- Rmilb 10y agoThey have not written off blockchain, it was just announced yesterday that they are founding members of the new "Ethereum Enterprise Alliance". http://www.zdnet.com/article/microsoft-intel-banks-form-enterprise-ethereum-blockchain-alliance/ http://www.zdnet.com/article/microsoft-intel-banks-form-ente...