JPMorgan Spinoff Launches its own Hybrid Blockchain for Smart Contracts

TheMerkle Verge Blockchain Timewarp SHIELDKadena is one of the JPMorgan spinoffs focusing on blockchain technology. The company unveiled its public chain earlier this week, and launched a wallet service to boot. Kadena is a public chain primarily built for smart contracts. Kadena is a Public Blockchain After all  These contracts will be interoperable between its public chain and private chain aspects. It is evident that big banks are also betting big on blockchain infrastructure for a wide variety of use cases. This chain aims to be scalable and offer proof-of-work alternatives to secure the network as a whole. This new ecosystem also consists of

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JPMorgan Files a Blockchain Patent for the Automotive Industry

financing or leasing a carNumerous companies and financial institutions aim to unlock the power of blockchain. JPMorgan has a very specific use case in mind that might affect the automobile industry. It is interesting to note how banks are exploring the different opportunities ahead of them in the blockchain space today. JPMorgan has a Blockchain Plan For JPMorgan, there is a chance to affect the automobile industry in a rather unique manner. The company also specializes in providing wholesale car financing to car dealers throughout the United States. Following a recent patent filing, it seems this concept will receive a blockchain-oriented makeover, of sorts. 

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