JPMorgan: Blockchain to improve payment systems - page 2.

Julunguul

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Quote from: Unblock_news on January 31, 2019, 03:08:08 AM

JPMorgan global research chair Joyce Chang said that while blockchain still has issues on its technology and cryptocurrency use, it will make improvements to payment systems in two to three years from now.

Read more here: https://www.unblock.news/news/jpmorgan-blockchain-to-improve-payment-systems

The good news is they realize there's still a big issues about this, like regulation, scalability, integration, just as they said. But even if those issues already solved it doesn't mean that payment system with blockchain gonna do the job. We all know it has been 10 years and even one of those issues is not resolved yet.
So should we wait another 10 years ?

ShadowBits

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Quote from: Unblock_news on January 31, 2019, 03:08:08 AM

JPMorgan global research chair Joyce Chang said that while blockchain still has issues on its technology and cryptocurrency use, it will make improvements to payment systems in two to three years from now.

Read more here: https://www.unblock.news/news/jpmorgan-blockchain-to-improve-payment-systems

I know that Blockchain will have a huge impact in the world of payments, and every body will look into it like a new and useful way to pay.

dothebeats

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LOL at these guys talking schmuck about bitcoin while harnessing the technology behind the said cryptocurrency. If they are to use the similar concept of the blockchain on their payment systems, it's like they are somewhat admitting that bitcoin is superior albeit being harsh about it to look like dominant/supreme/they don't care about bitcoin at all. For sure, the blockchain tech will bring a lot of innovation and changes in the current financial system, but so does bitcoin and other cryptocurrencies.

JPMorgan seems to be the household name for scumbags that uses your tools but discredit you for what you're worth.

kryptqnick

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Quote from: sunsilk on January 31, 2019, 04:21:05 AM

JP Morgan? what they really wanted to say about crypto's? aren't they the ones that keeps on telling the people that crypto's or bitcoin isn't a thing that people should focus with? Look what they have been doing.

Representatives of this bank made lots of shitty statements about cryptocurrencies, if I remember correctly, so I don't care what they are saying anymore. I was also going through an article yesterday that mentioned JP Morgan in the list of banks that don't allow their cardholders to buy cryptocurrencies with fiat from these cards. Obviously, they must recognize the speed and price of international transfers of money, so now the bank want to benefit from blockchain technology and perhaps the bearish market (at least because this market has really low amount of transactions going on, so they are even cheaper and faster than we are used to have them).

Crypdon

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Early adopters and early investors will benefit the most. The cost savings for the industry are too significant to ignore, even if it's a stable coin that gets traded instead they will love it. I'm thinking it will be litecoin that leads the way in retail

LeGaulois

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Is it an opinion or the result of their study? If it's just an opinion we should disassociate this person from JPMorgan. He can have his own opinion it doesn't mean JPMorgan endorse it. If it's the result of a search then he should go to forward it to Jamie! Cheesy

He is always bitching on Bitcoin so maybe he will start to shut up.

netto7

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i think JPMorgan want people to buy bitcoin to pump price

have many people forgot about Jamie Dimon said He Doesn’t Give a Sh*t About It.

but JPMorgan buy a lot of bitcoin price drop after her said.

davinchi

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Quote from: Unblock_news on January 31, 2019, 03:08:08 AM

JPMorgan global research chair Joyce Chang said that while blockchain still has issues on its technology and cryptocurrency use, it will make improvements to payment systems in two to three years from now.

Read more here: https://www.unblock.news/news/jpmorgan-blockchain-to-improve-payment-systems

Just the other day someone shared a news from same JPMorgan who said bitcoin was a bust.
Can they please decide on what they feel about crypto currencies ?
Do they just want to see blockchain succeed whereas bitcoin and all other cryptocurrencies fail? Is that what they want ?

I mean how do they expect blockchain to be something huge while they think cryptocurrencies are a bust while the cryptocurrencies are based on the same blockchain they praise so much. You can't have one without the other, if blockchain can improve the payment systems that well then we already have the bitcoins and ethereums to prove that they are right and that is why we love the cryptocurrencies so much.

Either love both of them or hate both of them but they do not have the luxury to love one and hate the other.

sunsilk

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It is what every company says about blockchain. But they don't highlight the potential of cryptocurrencies, they are for the tech there are times they are denying the usefulness of cryptocurrency.

JP Morgan? what they really wanted to say about crypto's? aren't they the ones that keeps on telling the people that crypto's or bitcoin isn't a thing that people should focus with? Look what they have been doing.

rose9696

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Quote from: Unblock_news on January 31, 2019, 03:08:08 AM

JPMorgan global research chair Joyce Chang said that while blockchain still has issues on its technology and cryptocurrency use, it will make improvements to payment systems in two to three years from now.

Read more here: https://www.unblock.news/news/jpmorgan-blockchain-to-improve-payment-systems

future banks will have to use blockchain technology and big commercial enterprises like Amazon, Alibaba, Lazada, ... all need to use blockchain technology if they don't want to be left by other businesses behind. Our world is more and more modern and blockchain technology gets even bigger advantages.

Unblock_news

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JPMorgan global research chair Joyce Chang said that while blockchain still has issues on its technology and cryptocurrency use, it will make improvements to payment systems in two to three years from now.

Read more here: https://www.unblock.news/news/jpmorgan-blockchain-to-improve-payment-systems

Topic: JPMorgan: Blockchain to improve payment systems - page 2. (Read 275 times)