JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian

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Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.

Wall Street giants are looking at how to industrialize proofs-of-concept developed within the blockchain experiment Project Guardian.

“We want to see how we can take it forward. Investment fund tokenization is where we’re really focusing a lot of our time. That’s a very big focus area: how can we kind of productionize, industrialize what we built out as a proof-of-concept?” “Think about if you could do 10,001 different variations of different types of allocations, different types of risk profiles,” said Hannon about the potential benefits of real-world asset tokenization for investors’ portfolios.TokenizeThis 2024. Source: Sam Bourgi/Cointelegraph

Source: Digital Coin News (digitalcoinnews.net)

 

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