JP Morgan: we believe Ethereum more
Source:
Despite recent statements by Jamie diamon of JP Morgan supported Ethereum for a potential opportunity to create applications for Finance. According to the Australian Financial Review, JP Morgan seriously interested in the development of the product, which the Corporation describes as «enterprise-oriented version of Ethereum». Its essence lies in the tokenization of gold bars, which are at the disposal of the company. Head of the blockchain initiatives JP Morgan Umar Farouk commented on the potential of Quorum and importance for the development of the Ethereum ecosystem.
theNow, even outside of our company, there are people that use Quorum for tokenization of gold. They placed an ingot in a secure box with the electronic tag, which can track its movement from the mine to the end point. People are willing to pay a higher price for a confirmed gold than for gold, the origin of which is unknown. Another example is diamonds. Here we have the only financial player who owns the entire ecosystem from the application to the Protocol. We are ardent supporters of Ethereum.
From the CEO of JP Morgan, quite a different opinion on cryptocurrency
Despite the positive statements by Farouk in relation to cryptocurrency and blockchain Jamie Dimon not so long ago once again confirmed his skepticism. His position generally reflects the attitude of some governments and politicians. They all approve of the blockchain, but hate and crypto-currencies.
According to the article The Next Web, daymon seems happy, being at a distance from the topic of Bitcoin. Speaking more simple language, it's him .
One can Hardly say that Ethereum is going well. Fresh technical analysis of the market shows that ETH can potentially . And this is not to mention the unconfirmed rumors about the departure Vitalik Buterin. More data to search for .
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