JP Morgan CEO “The block chain is real, bit coin … “

Jamie Dimon, CEO of JP Morgan Chase, said in an interview that the beat coin is not satisfied about 80 percent below its peak. Known as one of the most representative bitcoin conferences, he has previously said he likes to buy a bit coin or he likes it.

At the Davos Forum in Switzerland, he was asked if he was satisfied with the 80% drop in beat coins and not at all.

But once again, I appreciated the technology of the block chain. It is not enough to overturn the existing stock trading structure, but it will be a good alternative for some online databases. He said the block chain is a real technology and always updated and accessible to all of us. He said in last year’s interview that the block chain is genuine, but the beat coin is different from the legal currency.

Meanwhile, JP Morgan is actively pursuing block-chain development and investment. Last September, more than 75 financial institutions were participating in the block-chain payment platform. JP Morgan is developing the Interbank Information Network (IIN) using block chains for cross-border remittances, which are expected to expand in the market. IIN is expected to be a competitor to WIFT or ripple. For more information, please click here .