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

  • Alex Morris
    📰 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
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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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