JPMorgan Securities Exec: 'Blockchain Is Still Far From Institutionalization’

Joyce Chang, global research chair at JPMorgan Securities, has said that blockchain technology is still far from institutionalization and must still overcome key hurdles before it can break through to cross-industry adoption at scale. Chang made her comments during an interview on the “Bloomberg Daybreak: Americas” television show on Feb. 7.

Chang noted that blockchain adoption — if not yet institutionalized — is being spearheaded by industries with particular characteristics where the technology can bring real and immediate backend efficiency gains.

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