JPMorgan Chase Sets Blockchain Payments Partnerships

Announcements, Blockchain, FinTech, News | October 16, 2017 By:

JPMorgan Chase may not like bitcoin and other cryptocurrencies – just ask CEO Jamie Dimon, who recently called bitcoin “a fraud” – but the underlying blockchain technology is apparently another story.

The banking giant said today that it will launch a new payment processing network that uses blockchain in partnership with Royal Bank of Canada and Australia and New Zealand Banking Group.