Post a Free Blog

Submit A Press Release

Friday, March 29, 2024
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
-- Advertisement --spot_img
HomeBusinessJP Morgan Chase to hire new Web3 senior worker for payments focused...

JP Morgan Chase to hire new Web3 senior worker for payments focused position

JP Morgan Chase, an early adopter of Web3 and blockchain has recently advertised for the position of a payments focused worker. The position that will be based on the West Coast requires the new hire to be able to pave a path, to create frameworks and to work with extremely fast moving companies, even with ambiguity. The new business development specialist would work in the bank’s payments group and would have to target new clients in developing industry such as Web3, the metaverse and crypto.

The Wall Street giant is looking to focus its attention on DeFi (decentralized finance) at an institutional level. It has partnered with Singapore based DBS Bank as well as Marketnode, early in 2022, to test the use of tokenized bonds as well as deposits in DeFi liquidity pools. The process of tokenization has imposed strict KYC (Know Your Customer) rules on these DeFi pools,

Earlier in May, JP Morgan Chase had debuted a blockchain collateral system. Tokenized money market fund shares were received on a private blockchain called the Onyx Digital Assets platform from BlackRock inc., which is an asset manager. The WallStreet Bank’s native digital asset the JPM Coin was the collateral that was settled in-house.

JP Morgan Chase has been strengthening its presence in Web3 with different methods that have the same focus of introducing core banking principles and products into the new blockchain ecosystem called Web3. It is looking to amalgamate traditional financial services and products with the speed and convenience that is offered by Web3 blockchain technology.

The bank spent $12 billion to buy land in the metaverse. The virtual real estate was bought on Decentraland. The bank released a metaverse report which said that the average price of a piece of virtual land had doubled from $6,000 in June 2021 to $12,000 in December 2021.

Celebrity Sofia Vergara models leggings from Sofia Active clothing range with Walmart

Subscribe to get Latest News Updates

Latest News Articles

You may like more
more

Semtech Shares Jump 3 percent Following Q4 Results

Semtech (NASDAQ:SMTC) experienced a more than 3% increase in...

Target Stock Added to Fresh Money List at Deutsche Bank

Deutsche Bank analysts placed Target (NYSE:TGT) on the Fresh...

AMC Shares Plunge 14 percent on a New Equity Distribution Deal

AMC Entertainment Holdings (NYSE:AMC) saw its shares drop over...

Palantir Technologies Stock Drops 6 percent on Monness, Crespi, Hardt Downgrade

Palantir Technologies (NYSE:PLTR) stock plunged more than 6% on...