JPMorgan To Launch Its Own Cryptocurrency

in #cryptocurrency5 years ago

Major financial institutions have been slow to adopt cryptocurrency but they are gradually opening up to it. According to a new report, JPMorgan Chase will be launching its own cryptocurrency. The financial giant is looking to launch a digital coin which will… Read more: https://webnow.company/news/crypto-news-jpmorgan-to-launch-its-own-cryptocurrency

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Yes but its not a crypto its a digital coin and its only for internal banking. However its centralized and its not used for payment transfer across the world. Banks to banks only which can be trusted by both sources can only be used, so this blockchain is fully centralized so it can't play a big role, its only for internal banking transfers. Only thing process within centralized banks will be faster but not for payments across the world.

estamos bien sin JPM !!

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