Indeed, JPMorgan Chase is one of the leading financial institutions investing heavily in blockchain technology. They established a dedicated business unit called “Onyx,” focused entirely on blockchain and digital currency initiatives. The aim of Onyx is to take the experimentation and projects related to blockchain Proof of Concepts (PoCs) and turn them into viable, industrial-strength solutions.
The establishment of Onyx signifies growing recognition of the potential role of blockchain in reshaping the financial services industry and marks a milestone in the