{"id":2905,"date":"2022-03-07T12:27:49","date_gmt":"2022-03-07T06:57:49","guid":{"rendered":"http:\/\/641e9b6dc5f49f232f998c53"},"modified":"2023-07-20T05:11:38","modified_gmt":"2023-07-19T23:41:38","slug":"jpmorgans-blockchase-dallying-on-blockchain-and-web-3","status":"publish","type":"post","link":"https:\/\/qistaging.com\/whitesight\/jpmorgans-blockchase-dallying-on-blockchain-and-web-3\/","title":{"rendered":"JPMorgan\u2019s BlockChase: Dallying On Blockchain And Web 3"},"content":{"rendered":"JPMorgan has always been on a quest to embrace disruptive trends as the traditional banking industry gets challenged with emerging technologies and evolving business models. Despite being an incumbent bank, the financial goliath has never shied away from diversification and experimenting with modern technology as is evident from their innovation and investment strategy. In 2015, the Wall Street Bank made its first attempt to foray into the blockchain industry, when it partnered with eight other banks including Barclays and BBVA to form a consortium led by R3. In our previous post, we explored the Goliath\u2019s Resurgence by taking a look at its FinTech playbook. In this post, we add a crypto twist to this playbook by seeking the goliath\u2019s tryst with the crypto phenomenon across the themes of blockchain, cryptocurrencies, NFTs, and the metaverse. 2015-2019: Betwixt and Between The Crypto CrazeJPMorgan\u2019s association with blockchain can be traced back to Feb 2016 \u2013 when the bank began a trial test of the technology similar to one that underlies bitcoin \u2013 by tapping into Digital Asset Holdings. The following year, they launched their own blockchain, Quorum, hoping to explore potential ways the DLT might help accelerate the rate it transacts business. However, [&hellip;] \t\t<div class=\"woocommerce\">\n\t\t\t<div class=\"woocommerce-info wc-memberships-restriction-message wc-memberships-message wc-memberships-content-restricted-message\">\n\t\t\t\tThis post is only available to members.\t\t    <\/div>\n\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p><span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\"><\/span> <span class=\"rt-time\">4<\/span> <span class=\"rt-label rt-postfix\">mins read<\/span><\/span> JPMorgan has always been on a quest to embrace disruptive trends as the traditional banking industry gets challenged with emerging technologies and evolving business models. Despite being an incumbent bank, the financial goliath has never shied away from diversification and experimenting with modern technology as is evident from their innovation and investment strategy. In 2015, the Wall Street Bank made its first attempt to foray into the blockchain industry, when it partnered with eight other banks including Barclays and BBVA to form a consortium led by R3. In our previous post, we explored the Goliath\u2019s Resurgence by taking a look at its FinTech playbook. In this post, we add a crypto twist to this playbook by seeking the goliath\u2019s tryst with the crypto phenomenon across the themes of blockchain, cryptocurrencies, NFTs, and the metaverse. 2015-2019: Betwixt and Between The Crypto CrazeJPMorgan\u2019s association with blockchain can be traced back to Feb 2016 \u2013 when the bank began a trial test of the technology similar to one that underlies bitcoin \u2013 by tapping into Digital Asset Holdings. The following year, they launched their own blockchain, Quorum, hoping to explore potential ways the DLT might help accelerate the rate it transacts business. However, [&hellip;] \t\t<\/p>\n<div class=\"woocommerce\">\n<div class=\"woocommerce-info wc-memberships-restriction-message wc-memberships-message wc-memberships-content-restricted-message\">\n\t\t\t\tThis post is only available to members.\t\t    <\/div>\n<\/p><\/div>\n","protected":false},"author":8,"featured_media":3686,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,88],"tags":[126,113,56],"hashtags":[],"class_list":["post-2905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-assets","category-insights","tag-blockchain","tag-global","tag-timeline","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JPMorgan\u2019s BlockChase: Dallying On Blockchain And Web 3 - WhiteSight<\/title>\n<meta name=\"description\" content=\"JPMorgan embraces disruptive trends amid evolving tech and business models, navigating challenges in the traditional banking industry.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qistaging.com\/whitesight\/jpmorgans-blockchase-dallying-on-blockchain-and-web-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JPMorgan\u2019s BlockChase: Dallying On Blockchain And Web 3 - 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