JPMorgan Tests Its Quorum Blockchain Platform After Year Of Development

Cointelegraph

Published Apr 20, 2018 10:22AM ET

Updated Apr 20, 2018 11:32AM ET

JPMorgan Tests Its Quorum Blockchain Platform After Year Of Development

JPMorgan Chase (NYSE:JPM), the National Bank of Canada, and other banking sector participants have tested the Quorum Blockchain platform with the intent to make the process of issuing financial instruments more efficient, Reuters reports Friday, April 20.

Other participants in the April 18 experiment were Goldman Sachs (NYSE:GS) Asset Management, Pfizer Inc (NYSE:PFE), Legg Mason Inc’s Western Asset, and other certificate of deposit investors.

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