The chairman and CEO of JPMorgan Chase Jamie Dimon elucidated the importance of decentralized finance (DeFi) and blockchain in his annual letter to the shareholders, published on May 23.
Dimon called DeFi and blockchain as real and novel technologies that can be applied in both private and public sectors, permissioned or non-permissioned.
Dimon emphasized a great deal on making investments in technology and operations, as well as related products and services for the banking sector, which according to him are necessary to sustain the company’s health.
In his letter, Dimon explained JPMorgan’s ongoing efforts, its take and past achievements in the blockchain technology and DeFi sector:
* Dimon said that the bank makes extensive Investments in technology for improving operations and security and enhancing the products and services.
* Investment in technology helps in maintaining regulatory requirements at the workplace and necessary improvements for cybersecurity, as well as...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...