A Powerful Duo: Zcash and JPMorgan
The largest bank in the world has partnered with the makers of zcash to provide a new layer of privacy to the users of its enterprise-grade blockchain.
JPMorgan and the Zerocoin Electric Coin Company are now in the process of integrating ZSL, a zero-knowledge security layer designed to securely – and anonymously – settle transactions on the blockchain that were previously conducted elsewhere.
Partnering with the future of currency and adapting to the inevitable changes taking place is a move in the right direction, opposed to taking a stand against crypto currency in hopes to halt the unstoppable.
The announcement set the Zcash market on fire. A single coin spiked in price from around $120 USD to over $250 USD, ultimately making holders rich over night.
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