JPMorgan and Microsoft Emerge Into the Blockchain Space

    Nov 19, 2019 12:00:00 AM / by BlocWatch posted in Blockchain, Ethereum, Immutable Ledger, Quorum, Hyperledger Fabric, Decentralized applications


    In the past few months, the blockchain space has seen the adoption of platforms across various industries increase. One of the most surprising cases of adoption was the partnership between Microsoft and JPMorgan to create an Ethereum based network called Quorum. Quorum provides the Ethereum functionality with enhancements to support enterprise needs. Since all the actors on the network are known entities, you no longer need to reward your “miners” with Eth Gas or utilize proof-of-work algorithms. As a result, Quorum users see a significant increase in security and speed when validating new transactions to the network.

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