J.P. Morgan CIO Claims That Blockchain Will See Mainstream Adoption Very Soon

  • Alex Dovbnya
    📰 News

    J.P. Morgan rep Lori Beer said that distributed ledger will see even greater adoption in the nearest future, posing as a replacement for the existing technology


J.P. Morgan CIO Claims That Blockchain Will See Mainstream Adoption Very Soon

Lori Beer, who serves as chief information officer at J.P. Morgan, is making headlines because of her bold Blockchain predictions. During a press conference in Argentina, Beer said that distributed ledger would see even greater adoption in the nearest future, posing as a replacement for the existing technology.

She states that the American banking behemoth is already utilizing Blockchain in order to simplify the processing of transactions and ensure their clients’ privacy and safety.

When asked about crypto, Beer replied that J.P. Morgan is making baby steps towards exploring digital currencies, but will not trade unregulated assets.

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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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