JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian
Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.
Wall Street giants are looking at how to industrialize proofs-of-concept developed within the blockchain experiment Project Guardian.
According to Stephanie Lok, product manager of JPMorgan’s blockchain platform Onyx, one of the company’s “very big focus area” is turning the learnings of the pilot program with the Monetary Authority of Singapore (MAS) into products. Lok shared these details during the TokenizeThis event in Miami on May 10:
Another traditional firm “really focusing on the blockchain-enabled finance migration” is the asset manager WisdomTree. Speaking at the event, Maredith Hannon, head of business development for WisdomTree, said the company is targeting portfolio personalization in addition to blending portfolios with checking accounts.
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Author: Ana Paula Pereira
