Wall Street giant JPMorgan Chase CEO Jamie Dimon said on Tuesday that as the largest banking group in the United States, JPMorgan Chase may be one of the major users of blockchain technology.

When Jamie Dimon was interviewed at the "Financial Market Quality Seminar" on Tuesday, he was asked about his views on innovative technologies such as blockchain and artificial intelligence (AI). He responded, "We may be a large user of blockchain. One is the actual users, the real users," adding, "It's just a database."

However, Jamie Dimon, a long-time skeptic of cryptocurrency, has not changed his negative view of the industry. In the past, he compared Bitcoin to a "Pet Rock" (Pet Rock, a small rock that was popular in the mid-1970s). to become a pet-raising trend), this time he repeated his old tune: "Cryptocurrency... I still call it a pet stone."

Even so, Jamie Dimon seemed to show some grudging respect for the technology that underpins cryptocurrencies: blockchain, noting that blockchain is "a great way to share information" and build trust between banks and customers. .​

JPMorgan Chase created a private chain called Onyx based on Ethereum in 2020, which is mainly used for inter-bank payment transactions, peer-to-peer lending and cross-border payments. It has processed transactions worth more than US$700 billion so far, and users include Goldman Sachs and DBS. banks and companies such as BNP Paribas.​

Speaking at Tuesday’s seminar, Jamie Dimon added:

We’ve been talking about blockchain for 12 years, but not much has changed — it’s not as fast as artificial intelligence.

〈Considering himself as a “big user of blockchain”! JPMorgan Chase CEO Dimon: Isn’t it just a “database”? This article was first published on "Block Guest".