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JP Morgan, a global investment banking company, creates a Blockchain platform Quorum, built on the Ethereum platform.

JP Morgan believes Quorum can offer new trading opportunities, as it can support various assets, including gold bars, precious minerals, real estate, and expensive art objects.

JP Morgan's Quorum, the enterprise version of Ethereum Blockchain, may allow creating smart contracts and decentralized applications. Umar Farooq, a founder of the Blockchain initiative of J.P. Morgan in New York, noted that the company is the single owner of the entire platform. The company has invested heavily in Blockchain technology, as they believe that many opportunities may arise from the tokenization of products and assets.

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