JPMorgan: Blockchain Adoption is Real

Blockchain, Cryptocurrency–Despite the current state of valuation for top cryptocurrencies, as Bitcoin fell to its lowest point in 2019, JPMorgan reports that adoption and growth for blockchain–even outside of the sector of crypto–is real and thriving.

While some have grown sour on blockchain as a buzz indicator for the flagging industry of cryptocurrency, JPMorgan still views the technology as a source of significant advancement  for industries across the globe. Their analysis concludes that cryptocurrency-based blockchain may be misleading to the average adopter, as the true potential of the technology is not in re-inventing the world of money of financial technology and many in cryptocurrency have come to argue for.

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