Big Banks Including JPMorgan Beginning to Sing the Crypto Tune

In a move that shows a changing attitude towards blockchain, and perhaps a vindication of cryptocurrencies, banking giant JP Morgan has started a pilot program that seeks to make certain payments faster using technology similar to cryptocurrency.

Companies developing blockchain technology support include NVDIA Corporation (NASDAQ: NVDA), Micron Technology (NASDAQ: MU), Advance Micro Devices (NASDAQ: AMD) and DMGI Blockchain Solutions, Inc. (TSX.V: DMGI).

Blockchain is a platform that allows people involved in a transaction to connect directly without the need for a middleman such as a bank. However, banks are working to find their footing as this new technology emerges.

Analysts are watching this development and looking for this trend to translate across financial providers.

Several companies contribute core technologies, ...View the full post at: Big Banks Including JPMorgan Beginning to Sing the Crypto Tune ...

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