JP Morgan Applies For Crypto Wallet Trademark! "JP Morgan Wallet" Bullet Point Bulletins: #Shorts
According to a filing from the U.S. Patent and Trademark Office, JP Morgan’s trademark registration for a crypto wallet was officially approved on November 15. Registered in July 2020, the trademarked wallet, called “J.P. Morgan Wallet,” aims to facilitate the exchange and transfer of digital assets. A licensed trademark attorney, noted a broad range of different offerings such as virtual currency transfer and exchange, crypto payment processing, virtual checking accounts, and financial services like bill payments. Umar Farooq, CEO of Onyx, the first blockchain platform powered by JP Morgan, stated that JP Morgan could be the world’s first bank to offer tokenized wallets based on a public blockchain. The CEO went on to say: “Using public blockchain, we had to spend a lot of time thinking through identity. We did lots of audits of smart contracts because again – they were publicly visible. And finally, it was using a protocol to actually make it all happen. It’s a lot of managing the risks. All of these were firsts for us.” The bank is now operating a payment network based on blockchain technology that is known as the Interbank Information Network. Deutsche Bank, and the Royal Bank of Canada, are just two of the financial institutions that are currently utilizing the network. According to Christine Moy, who serves as the worldwide head of Onyx, the company is presently concentrating on delivering blockchain and payment technology infrastructure to customers, including game producers. #plato #data #intelligence #bullet #point #bulletins #onyx #jpmorgan #chase #uspto #ftw #trademark #wallet #digital #assets #platform #tokenized #first #worlwide #money #bank #banking #ceo #umar #farooq #christine #moy #public #blockchain #identity #protocol #risks #smart #contract #smartcontract #crypto #cryptocurrrency #audits #technology #bruce #burke #delivering #utilizing #network #infrastructure #payments #fintech #pay Bullet Point Bulletins is powered by Plato Data Intelligence. dApps, Data Intelligence, and more financial data & tools All accessible in one single, and secure interface. www.platodata.ai RECENT VIDEOS $3.6B in Bitcoin Found, 10 Years After Being Stolen From Silk Road! • $3.6B in Bitcoin Found, 10 Years After Bei... iPhone 14 Pro Production Strangled By Covid Shutdowns! • iPhone 14 Pro Production Strangled By Covi... Bluesky, Robinhood, Stripe, & More! Bullet Point Bulletins + Fintech Confidential • Bluesky, Robinhood, Stripe, & More! Bullet... Stripe Lays Off 14% Of It's Workforce! - Fears Of Inflation, Recession and Funding Scarcity • Stripe Lays Off 14% Of It's Workforce! - F... U.S. Banks Reporting Over $1 Billion In Ransomware Payments! • U.S. Banks Reporting Over $1 Billion In Ra... Dogecoin, and Shiba Ibu Rising After Elon Musk's Tweet! • Dogecoin and Shiba Ibu Rising After Elon M... Mark Zuckerberg's Meta Wealth Wipeout! Over $100 Billion Lost! • Mark Zuckerberg's Meta Wealth Wipeout! Ove... Jack Dorsey's Bluesky Is The New Foundation For Social Networking! • Jack Dorsey's Bluesky Platform Is The New ... MrBeast's $1.5 Billion Valuation! Highest Valuation For Creator! • MrBeast's $1.5 Billion Valuation! Highest ... Apple Updates Rules on NFTs and Cryptocurrencies! • Apple Updates Rules on NFTs and Cryptocurr... Patreon: Social Creators Describe Tense Relationship With Platforms! • Patreon Survey: Social Creators Describe T... Apple's NEW Continuity Camera Feature For macOS 13 Ventura! • Apple's NEW Continuity Camera Feature For ... ---------------------------------------------------------------------------------------------------- Gear I Use Making These Videos 🎥 CAMERA: https://amzn.to/3NtTwqu 🚦LIGHTS: https://amzn.to/3sUT5w8 🎤 MICROPHONE: https://amzn.to/3FFm2DC 🔥 AUDO MIXER: https://amzn.to/3DEu11o 💻 MACBOOK: https://amzn.to/3fsIg10 📱 IPHONE: https://amzn.to/3UittVs ☑️Visit Me Here: Website - https://www.mandalay.group Twitter - / bruceqburke TikTok - / convergemedia Facebook - / bruceqburke Instagram - / bruceqburke 🎶 Music: “Per Diem” by Marten Moses - Available on Epidemic Sound [DISCLOSURES] This post may contain affiliate links, which help Bruce Burke with a commission if you make a purchase. ➡️ Subscribe For More Videos - / bruceburke Make sure to subscribe to the channel & select the bell push notifications (click the BELL icon next to the subscribe button) to be notified immediately when I release a new video. If you watched this video and scrolled to the bottom and are reading this I would love to hear from you in the comments. If you have any questions, give me a shout on social media & I'll try and answer all the questions you might have. Thanks for watching, we’ll see you on the next Bullet Point Bulletins report. Bullet Point Bulletins is focused on the convergence of humanity and technology. We look to the future, and see technolgy as the vehicle to get us there. Please support this channel as we continue to grow it. Thanks!