Back

Forbes: JPMorgan Seeks More Crypto Experts Than Other Wall Street Company

News
Fri, 03/29/2019 - 09:40
Put your
crypto to
work
  • 1.30

    Interest per week

  • 67.5

    Interest per year

  • 3.60

    Interest rate

Join Now!
Sponsored by Celsius.Network
  •  

    Top job-hunting website Indeed.com reveals that among the top biggest financial companies, only JPMorgan bank keeps offering jobs in blockchain and crypto spheres. The overall number of job postings in crypto is also increasing

Cover image via U.Today
Contents

JPMorgan Chase bank has been actively expanding in the blockchain and crypto areas, despite its CEO Jamie Dimon being a strong Bitcoin sceptic and opponent. Now, the bank is taking another step in the direction of DLT.

JPMorgan goes deeper into the crypto industry

In February this year, the bank released its JPM Coin for its V.I.P. customers to make payments between them easier and faster.

Previously, in 2018, the bank launched its own blockchain platform, Quorum, which is similar to Bitcoin and Ethereum by its functions and speed transaction but is way more centralized.

In a recent article, Forbes mentions that other giant companies from slightly different spheres have also been hiring blockchain experts – IBM, Cisco, Deloitte, etc. They are followed by Microsoft and ConsenSys.

As per job hunting portal Indeed.com, JPMorgan keeps looking for experts in the crypto and blockchain industries, apparently wishing to strengthen its presence in these fields.

Must Read
Expert Prediction: Bitcoin Price Will Skyrocket to $55,000 - READ MORE

Job hunting in the crypto sphere is rising

At the end of last year, says Andrew Flowers from Indeed.com, a job hunting website, the amount of interest among job applicants dropped along with the crypto market.

But now the number of job postings seems to be going up again, thanks to the fact that the community is expecting the crypto winter to be over soon. The amount of job postings now is higher than that of candidate searches.

 

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

Recommended articles
‘Rich Dad, Poor Dad’ Author Explains Why He Supports Bitcoin

‘Rich Dad, Poor Dad’ Author Explains Why He Supports Bitcoin

Billionaire Mark Cuban: Bitcoin Can Be Store of Value but Couldn’t Replace Current System

Billionaire Mark Cuban: Bitcoin Can Be Store of Value but Couldn’t Replace Current System

No, SpaceX Is Not Giving Away Bitcoin. Don't Fall for This Elon Musk Scam

No, SpaceX Is Not Giving Away Bitcoin. Don't Fall for This Elon Musk Scam