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Showing posts from April 7, 2022

JPMorgan CEO Jamie Dimon to Shareholders: Decentralized Finance, Blockchain Are Real

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JPMorgan Chase CEO Jamie Dimon sees decentralized finance (defi) and blockchain as real, new technologies that can be deployed in both private and public fashion. He also noted that JPMorgan is at the forefront of this innovation. JPMorgan’s Jamie Dimon Praises Defi and Blockchain JPMorgan CEO Jamie Dimon recognized the merit of decentralized finance (defi) and blockchain technologies in his latest annual letter to shareholders, published Monday. While talking about his company’s investments in technology, Dimon said: Decentralized finance and blockchain are real, new technologies that can be deployed in both public and private fashion, permissioned or not. The CEO elaborated: “JPMorgan Chase is at the forefront of this innovation. We use a blockchain network called Liink to enable banks to share complex information, and we also use a blockchain to move tokenized U.S. dollar deposits with JPM Coin.” According to its website, 39 countries are now covered within the Liink networ