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

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Tue, 28/08/2018 - 14:11
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J.P. Morgan CIO Claims That Blockchain Will See Mainstream Adoption Very Soon
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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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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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