JPMorgan Chase Tests Blockchain Use for Securities Services

Prototype to consider benefits of shared ledgers, as well as challenges

On May 16, 2018, JPMorgan Chase unveiled Dromaius, its prototype of a shared ledger for capital market services, at Coindesk’s Consensus 2018 conference. The prototype is designed to test the use of the Ethereum blockchain technology in supporting a coordinated posting by multiple entities to a single encrypted securities bookkeeping system. JPMC executive director Christine Moy said that, “We think the technology has the potential to be transformative.”

Saturday, May 19, 2018/Author: Ed Blount/Number of views (1397)/Comments (0)/
Categories: All
Tags:
RSS
12345678910Last