JPMorgan to Open Blockchain Innovation Lab in Greece – Blockchain Bitcoin News
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JPMorgan is making a big move into the blockchain space with the opening of a new blockchain innovation lab in Greece.
The new lab, located in the city of Thessaloniki, will focus on developing blockchain-based applications and services, as well as exploring the potential of the technology in finance, banking, and other industries.
The move comes as JPMorgan is increasingly exploring the use of blockchain technology. The bank has already launched its own blockchain platform, Quorum, and is developing other applications such as a blockchain-based payments platform.
The new lab will be headed by Christos Kourtis, a professor at the Aristotle University of Thessaloniki and a former executive at the Greek bank Alpha Bank. Kourtis has a long history of working with blockchain technology, having been involved in the development of the Hyperledger Fabric blockchain platform.
The lab will be staffed by a team of experts from the banking, finance, and technology sectors, and will work closely with the local startup community.
The move is part of JPMorgan’s broader effort to explore the potential of blockchain technology. The bank has been actively investing in blockchain-related startups, and has launched several initiatives to promote the use of the technology, including a blockchain accelerator program.
The new lab in Greece is an important step in JPMorgan’s efforts to become a leader in the blockchain space. By investing in the local startup community and working with experts in the field, the bank is positioning itself to be at the forefront of blockchain innovation.
It’s an exciting time for blockchain technology, and JPMorgan’s move into Greece is another sign of the growing interest in the technology. As more companies explore the potential of blockchain, the lab in Thessaloniki could become an important hub for innovation in the space.
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