JPMorgan has teamed up with DBS Bank and Temasek to launch Partiore, a blockchain payment company
"Partiore provides real-time, multinational, multi-currency capital solutions for banks around the world, and can play an important role in various fields such as cross-border exchanges and securities settlement and delivery. Being programmable, persistent and traceable at the same time, I believe Patiore will be the best in the field." With the blockchain craze sweeping the world, JPMORGAN Chase has long sensed the business opportunities and potential. As previously reported, JP Morgan partnered with U.S. cryptocurrency exchanges Coinbase and Gemini in May last year, followed by the launch of Quorum, blockchain payment platform Liink and its own stable currency JPM Coin. Recently, it was reported that it will launch an actively managed Bitcoin fund. It is the forerunner of traditional finance across blockchain. Takis Georgakopoulos, GLOBAL Managing Director ofglobal Corporate Payments, jp Morgan Chase, also mentioned in the announcement that the company continues to experiment and develop innovative fintech solutions to address the barriers facing modern financial markets. "We are delighted to be launching an epochal milestone like Partior. Jp Morgan chase is committed to being a leader in the financial sector, and users of all future banking networks will be able to enjoy unprecedented financial experience through our decentralized network and digital currency."