Wall Street Giants, JPMorgan’s Onyx Eye Industrializing Blockchain PoCs

JPMorgan’s digital currency-focused Onyx division is planning to “industrialize” blockchain proof-of-concepts (PoCs), according to the group’s head, Umar Farooq. The move aims to streamline the development and implementation of blockchain use-cases across different industries in a scalable and efficient manner.

Onyx’s main focus is not just about creating new blockchain PoCs, but also converting existing initiatives into fully working models that can be deployed at a large scale. They are leveraging