J.P. Morgan Chase & Co. CEO James Dimon recently trashed the digital currency bitcoin as a fraud that will blow up. But he’s still enamored with the technology that underpins it and other virtual currencies.
The latest sign is expected Monday, when the nation’s largest bank rolls out its next pilot program to use the record-keeping technology, known as blockchain. The initiative will enable the faster, more secure transfer of cross-border payments between J.P. Morgan, Royal Bank of Canada and Australia and New Zealand…
Read Full: J.P. Morgan’s James Dimon May Hate Bitcoin, but He Loves Blockchain
