JPMorgan führt JPM-Münze im Canton-Netzwerk ein, unterstützt von Goldman Sachs, BNP Paribas – JPMorgan Chase (NYSE:JPM)
https://www.benzinga.com/crypto/cryptocurrency/26/01/49760218/jpmorgan-launches-jpm-coin-on-canton-network-backed-by-goldman-sachs-bnp-paribas
6 Kommentare
tldr; JPMorgan Chase is launching JPM Coin on the Canton Network, a blockchain backed by major financial institutions like Goldman Sachs and BNP Paribas. JPM Coin, representing U.S. dollar deposits, enables near-instant peer-to-peer transfers for institutional clients. The integration aims to enhance efficiency, liquidity, and compliance in blockchain transactions. The phased rollout will focus on technical frameworks and expanding capabilities, including digital payments products. Canton Network supports regulated digital cash and financial modernization.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Tldr; : Banks are conceding blockchain was right.
They are just not ready to give up control.
What Algorand is good at (and Canton can’t do):
Neutral settlement between unknown parties
Public asset issuance
Cross-border open liquidity
Retail + institutional coexistence
DeFi without gatekeepers
Canton is not a substitute for that. It’s a buffer layer for TradFi.
Never heard of canton network. Why wouldn’t they pick a network with liquidity?
They had been developing their own network for a decade but they couldn’t make use of it
Cartoon network?