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

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Fri, 29/03/2019 - 9:40
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Forbes: JPMorgan Seeks More Crypto Experts Than Other Wall Street Company
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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.

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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.

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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.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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