Forbes: JPMorgan Seeks More Crypto Experts Than Other Wall Street Company

JPMorgan Chase bank has been actively expanding in the blockchain and crypto areas, despite its CEO Jamie Dimon being a strong Bitcoin sceptic and opponent. Now, the bank is taking another step in the direction of DLT.

- Advertisement -

JPMorgan goes deeper into the crypto industry

In February this year, the bank released its JPM Coin for its V.I.P. customers to make payments between them easier and faster.

Previously, in 2018, the bank launched its own blockchain platform, Quorum, which is similar to Bitcoin and Ethereum by its functions and speed transaction but is way more centralized.

In a recent article, Forbes mentions that other giant companies from slightly different spheres have also been hiring blockchain experts – IBM, Cisco, Deloitte, etc. They are followed by Microsoft and ConsenSys.

As per job hunting portal Indeed.com, JPMorgan keeps looking for experts in the crypto and blockchain industries, apparently wishing to strengthen its presence in these fields.

Job hunting in the crypto sphere is rising

At the end of last year, says Andrew Flowers from Indeed.com, a job hunting website, the amount of interest among job applicants dropped along with the crypto market.

But now the number of job postings seems to be going up again, thanks to the fact that the community is expecting the crypto winter to be over soon. The amount of job postings now is higher than that of candidate searches.

- Advertisement -

—————————————————————————————————————————–

This post was originally published on UToday. Bitnewsbot curates, examines, and summarizes news from external services while producing its own original material. Copyrights from external sources will be credited as they pertain to their corresponding owners. The purpose is to make use of 3rd party content or pictures as either allusion or promotional endorsement of mentioned sites.

Previous Articles:

- Advertisement -

Latest News

ClickFix Attacks Surge 517% in 2025, Fake CAPTCHAs Spread Malware

ClickFix attacks using fake CAPTCHA verifications have risen by 517% in early 2025, according...

FHFA Orders Fannie, Freddie to Consider Crypto as Mortgage Collateral

The U.S. Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to consider...

Retail Investors Can Now Buy Tokenized Shares of SpaceX via Blockchain

Retail investors can now buy blockchain-based fractional shares in SpaceX through Republic. These digital tokens...

EU Commission Eases Stablecoin Stance, Calms Bank Run Concerns

The European Commission downplayed the risk of bank runs linked to stablecoins after concerns...

Iranian Hackers Launch AI-Driven Phishing Attacks on Israelis

An Iranian state-backed Hacking group targeted Israeli journalists, Cybersecurity professionals, and academics in a...

Must Read

What Is Bcrypt Password Hashing Function?

KEY TAKEAWAYSBcrypt is a password hashing function that transforms plain passwords into unique alphanumeric sequences.It is a one-way process, ensuring that passwords cannot be...