Tag Archives: quorum

Ethereum price has broken $250 after JPMorgan has demonstrated its interest in a partnership with ConsenSys. This could push the Ethereum price to new heights as developer is preparing to Ethereum 2.0 transition.JPMorgan is paying attention to Ethereum blockchain and has offered a partnership to ConsenSys. Currently, Ethereum trades around $251, showing the signs of incoming action. The price goes up on a set of news.Reuters informed that a possible partnership between the big bank and the...

It is expected that within the next 6 months, JPMorgan will officially announce the merge of its blockchain system Quorum with that of ConsenSys. The companies are in talks now.JPMorgan Chase & Co, one of the largest banks in the United States by assets, is considering merging its blockchain unit Quorum with Brooklyn based startup ConsenSys. This is according to a post on Reuters posted on February 11 analyzing the deal and its possible outcome.According to the post, the deal is likely to...

American investment banking company JPMorgan seems to believe in a blockchain every day more and more. They revealed that through the blockchain they want to keep track of the automobile register it finances for car dealers – and stop them from guaranteeing the same cars for different loans.The bank’s wholesale car financing subsidiary has therefore filed a patent application that outlines a distributed ledger-based version of floorplan lending, a revolving line of credit that enables car...

The developers of the Burj Khalifa, the famous Dubai monument, also known as the tallest building in the world, Emaar Properties is at it again, and this time, they are going the crypto way. Through an action which can be termed generous, the Dubai Mall developer is working on a reward token for its loyal customers, and it is named the EMR token.The EMR token which is designed to work on Quorum, a blockchain platform owned by JPMorgan, will find usage in all Emaar’s holdings like malls,...