Jamie Dimon Reveals JPMorgan’s Heavy Use of Blockchain & Dismisses Cryptocurrencies as a 'Pet Rock' 💼

Jamie Dimon, CEO of JPMorgan Chase, stated that the bank is “probably one of the bigger users of blockchain” during an interview on Tuesday at the Financial Markets Quality Conference.<br /><br />What Happened: Dimon, who has been skeptical of cryptocurrencies, emphasized that JPMorgan is an “actual user” of blockchain technology. He described blockchain as “just a database” and highlighted its utility in sharing data and building trust between banks and customers, reported The Block.