Blockchain 

JPM Coin | JP Morgan’s Crypto is Ready for Trials with Corporate Clients

JP Morgan is putting final touches on its much-awaited cryptocurrency JPM Coin. Bloomberg Japan reports that the financial institution is to start trials on the coin with corporate clients, as it also eyes regulatory approval for its use in the mainstream financial sector. JP Morgan Crypto JPM Coin runs on Quorum, which is a private version of the Ethereum network, developed by the bank. The coin is to function as a stablecoin where fiat cash is to be deposited in exchange for the token before one is allowed to carry…

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Blockchain 

Aura Blockchain Ready to be Unveiled

According to reports, the AURA blockchain—which was first mentioned in March—is ready for unveiling. AURA is a blockchain-powered platform that allows customers to verify the authenticity of luxury goods. The team behind its include ConsenSys, LVMH, and Microsoft. The AURA Blockchain Owners of luxury brands Louis Vuitton and Christian Dior, LVMH, is key to AURA’s inception. The company is now hoping other luxury competitors will join the blockchain. ConsenSys is a blockchain software technology company based in Brooklyn, New York. It teamed up with Microsoft to develop the technology that underpins…

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Cryptocurrency 

Blockchain Phone | Sirin Labs Finney Device Ready for Shipping

Sirin Labs’ blockchain phone is expected to begin shipping in late December, it was announced today. The phone’s final design was unveiled at an event in Barcelona. Sirin Labs’ Blockchain Phone Dubbed ‘Finney,’ the blockchain phone promises to advance the user experience of decentralized apps, or dApps. The blockchain phone was developed off the back of an initial coin offering in which Sirin Labs raised $157 million earlier this year. However, it’s wondered if the creation of Finney is an example of putting the cart before the horse, as there simply…

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Bitcoin 

Morgan Stanley Bitcoin Derivatives | Ready to Go but When?

Morgan Stanley (NYSE:MS) plans to offer its customers complex derivatives that will be tied to Bitcoin (BTC), Bloomberg reported this morning. The Morgan Stanley Bitcoin derivatives will push the investment bank in the running with its competition currently dabbing in the cryptocurrency space. Morgan Stanley Bitcoin Derivatives According to a person familiar with the venture, Morgan Stanley, one of the world’s largest investment banks, is trying to create ways for its client to get involved in the digital currency market. Institutional investors have shown that they don’t want to actually…

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