JPMorgan

Nelson Minier, the head of the Kraken OTC trading division, expressed the opinion that the cryptocurrency market is gradually growing, institutionalizing and becoming similar to Wall Street in the old days. It is reported by CCN. However, according to Nelson, the current Wall Street, associated with the entire US stock market, is no longer what it used to be. “Over the course of my first 15 years on Wall Street […]

Germany's largest insurance company Allianz is developing an electronic payment system based on digital currency for instant cross-border insurance transfers, Forbes reports. It is known that the cost of the token will be pegged to the US dollar in a ratio of 1: 1. Allianz Global Corporate & Specialty (AGCS), which has already developed and tested the underlying infrastructure, is creating the system. The next step in the company called testing […]

The credit card from Apple, which is being worked on together with the investment bank Goldman Sachs, cannot be used to buy cryptocurrencies. This is stated in the text of the user agreement on the bank website. So, Apple Card may not be used to receive loans in cash and cash equivalents. These include, in particular, travelers checks, foreign and […]

UnionBank, the largest bank in the Philippines, has become the country's first financial institution to launch its own cryptocurrency and have already completed its first transactions with it, reports The Philippine Star. The cost of the steakbank PHX issued by the bank is pegged to the Philippine peso, and the coin itself works on the i2i platform connecting UnionBank with the provincial banks. “PHX is a repository of value and a medium of exchange. […]

3M international research company announced the launch of a digitalization initiative for the loyalty program and plans to transfer customer interaction to the blockchain. This is reported in the press release of the company. The 3M project will be implemented on the basis of the Verisium solution, which uses the Quorum blockchain platform from JPMorgan and the Microsoft architectural services complex. As part of the initiative, a number of 3M products for the auto repair business […]

The Russian Sberbank decided to leave the ranks of the Masterchain blockchain project launched with the support of the Central Bank of the Russian Federation. In the commentary of CoinDesk, the head of the blockchain-lab of Sberbank, Oleg Abdrashitov, declared dissatisfaction with the speed, safety and overall efficiency of the platform. According to him, as an alternative, the organization is considering corporate blockchain-platform Hyperledger Fabric from IMB and Quorum from JPMorgan. "Masterchain" does not meet the requirements that make cases […]