JPMorgan Coin Isn't Crypto Currency
Updated: May 15, 2019
JPM Coin is a digital asset. It cannot be traded but it does use a blockchain for transfer and settle money for JPMorgan's clients around the world on a network that is private and permissioned by the bank itself. Like Apple Card this could potentially open up for a new type of payment services where each party is a known party and has a potential the new electronic data interchange format as it is all about transmitting contractual information between trading parties. FileChain serves exactly the very same purpose. If you are interested to know more and how FileChain can be used in a similar way in other industries, let us know.