JP Morgan is building a private blockchain on Ethereum

OCTOBER 4th, 2016

“We are stuck with technology when what we really want is just stuff that works.”
― Douglas Adams, from The Salmon of Doubt


Why not build on ethereum instead of creating a private blockchain from scratch?

That's the question JP Morgan asked today with a new announcement, and it's not the first to do so. Just in the past couple of weeks, Thomson Reuters and Bank of America/Microsoft announced similar ventures.

But the JP Morgan one is a big step forward in that it will be making its project open source. This should encourage a lot more work and innovation in this area, and advance the tricky concept of interoperability. (Read the full story here.)


But there's more:

· What do you get when you put 50 lawyers in a room? A blockchain coalition.

· Broadridge escalates blockchain activity with proxy voting investment. Tell me more.

· Could bitcoin-based voting actually become a thing? EU says maybe.

· Hyperledger focuses blockchain power on healthcare. Cool ideas.

· Who’s going to be speaking at Scaling Bitcoin this weekend? Info here.

· Blockstream changes leaders. Now who?

· R3 boosts presence in Singapore. How?

 
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