JPMorgan growth is based on blockchain

A study conducted by the firm Research & Markets determined that the financial development of the company has come thanks to the adoption of new technologies

Recently, the company JPMorgan has shown great financial growth thanks to the role of blockchain technology, according to research carried out by Research&Markets.

The company sought to determine the development potential of the bank, compared to its closest competitors. Today the company is located above many others in the market, thanks to investments of at least 10 thousand 800 million dollars in technology.

On the other hand, the study highlighted the digital evolution that the bank has gone through in 2018, mainly in the adoption and development of new trends such as artificial intelligence (AI), cloud, big data, blockchain, among others.

The use of blockchain technology by JPMorgan has been distributed to 75 multinationals, something that has led to new commercial partners such as Goldman Sachs, Pfizer Inc. and the national bank of Canada.

Thanks to the decentralized nature of this new trend, the bank has been able to enter fully into many shops in the modern market.

K. Tovar

Source: Prnewswire

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