Digital Economy

    Subscribe to Daily News

    Sign up for the most important global Technology news, from startup´s to Big Tech companies

    Mr. Eliud Owalo, Kenya’s Cabinet Secretary Ministry of Information, Communication and the Digital Economy named Digital Economy Personality of the Week

    Liquid Intelligent Technologies Acquires Cysiv MEA to Expand Cloud and Cybersecurity Services in Egypt and MENA Region

    Omantel partners with Wingu Group’s Djibouti Data Centre to expand into African market

    Du showcases cybersecurity technologies and solutions at GISEC Global 2023 to boost digital resilience

    Facebook Twitter Instagram
    Facebook Twitter Instagram LinkedIn
    Digital EconomyDigital Economy
    • Home
    • News

      Liquid Intelligent Technologies Acquires Cysiv MEA to Expand Cloud and Cybersecurity Services in Egypt and MENA Region

      Omantel partners with Wingu Group’s Djibouti Data Centre to expand into African market

      Mohammed Bin Rashid School of Government Launches Report on Advancing Artificial Intelligence Impact in Dubai

      Hewlett Packard Enterprise to acquire IT operations management company OpsRamp

      HITEK Services to provide CAFMTEK solution to Abu Dhabi Motor Sports Management for Yas Marina Circuit

    • Categories
      1. Tower
      2. Digital Finance
      3. Datacenter
      4. Regulatory
      5. Software
      6. Cloud
      7. Blockchain
      8. Cyber Security
      9. View All

      Faisal Islamic Bank set to revolutionize Egypt’s digital banking experience

      Saudi fintech Tamara secures $150m debt facility from Goldman Sachs to finance growth

      Lesotho Revenue Service Launches E-Payment and E-Taxation Services to Ease Tax Payments and Improve Data Access for Decision Making

      Indian fintech PhonePe raises $200 million from Walmart in ongoing funding round, valuing the company at $12 billion

      Africa Data Centres enables remote peering through the INX-ZA partnership

      Orange Digital Centre Opened in Guinea to Promote Digital Skills and Innovation

      Apple Advances Introduces New User Security With Powerful Data Protections

      Data Centres Urged To Adopt Renewables To Avoid Distruption

      UK, Japan Partner on Digital Regulations

      MTN Zambia Launches 5G Network to Drive Digital Economy

      Spectra Logic launches Cost-Effective Digital Archive Solution that Simplifies Long-Term Digital Preservation

      Cisco Partners Microsoft on Innovations to Advance Hybrid Work Experience with Audio and Interoperability

      IPv6 Reports to Lead Development of the Internet has it enters its New Era

      Kenya’s Lipana Launches Cloud-based Accounting Solution for SMEs

      Apple Advances Introduces New User Security With Powerful Data Protections

      MetaMask and MoonPay Expand Offering in Nigeria with Localized Payment Method

       UAE Launches RAK Digital Assets Oasis, World’s Only Free Zone for Digital and Virtual Asset Companies

      Crypto market rises as banking sector and interest rate cut speculations boost investor sentiment

      DMCC signs MoUs with South Korean entities to expand Dubai’s position as a hub for Web3 businesses

      Liquid Intelligent Technologies Acquires Cysiv MEA to Expand Cloud and Cybersecurity Services in Egypt and MENA Region

      Du showcases cybersecurity technologies and solutions at GISEC Global 2023 to boost digital resilience

      Middle East Cybersecurity Market Projected to Reach $31 Billion by 2030, According to Frost & Sullivan Data

      ITP.net Security Leadership Awards recognizes cybersecurity achievements in the UAE region

      Mr. Eliud Owalo, Kenya’s Cabinet Secretary Ministry of Information, Communication and the Digital Economy named Digital Economy Personality of the Week

      Liquid Intelligent Technologies Acquires Cysiv MEA to Expand Cloud and Cybersecurity Services in Egypt and MENA Region

      Omantel partners with Wingu Group’s Djibouti Data Centre to expand into African market

      Du showcases cybersecurity technologies and solutions at GISEC Global 2023 to boost digital resilience

    • Features
    • Appointment

      Capco appoints Andrew McGinn as Partner and South East Asia Digital Lead in Singapore

      RedSea expands Board of Directors with new appointments to accelerate growth and sustainability efforts

      Jeanette Irekvist appointed President of Ericsson Canada

      Ad Dynamo by Aleph Appoints Stephen A. Newton as Managing Director for Africa

      Former Deloitte CEO Punit Renjen Nominated as Chairman of SAP

    • Interviews
    • List
      1. Digital Economy Personality of the week
      2. Women in Tech
      3. View All

      Mr. Eliud Owalo, Kenya’s Cabinet Secretary Ministry of Information, Communication and the Digital Economy named Digital Economy Personality of the Week

      Mrs. Olugbemisola Aruwayo-Obe, Country General Manager, IBM West Africa Becomes Digital Economy Personality of the Week

      Dr. Sujith Jayaprakash, Rector of BlueCrest University College Ghana, emerge as Digital Economy Personality of the Week

      Lillian Barnard, CEO of Microsoft South Africa Becomes Digital Economy Personality of the Week

      Mrs. Olugbemisola Aruwayo-Obe, Country General Manager, IBM West Africa Becomes Digital Economy Personality of the Week

      Lillian Barnard, CEO of Microsoft South Africa Becomes Digital Economy Personality of the Week

      Hon. Ursula Owusu-Ekuful, Ghana’s Minister for Communications and Digitalization Named Digital Economy Personality of the Week

      Katherine Ainley, CEO Ericsson UK & Ireland, Emerges as Digital Economy Personality of the Week

      Mr. Eliud Owalo, Kenya’s Cabinet Secretary Ministry of Information, Communication and the Digital Economy named Digital Economy Personality of the Week

      Mrs. Olugbemisola Aruwayo-Obe, Country General Manager, IBM West Africa Becomes Digital Economy Personality of the Week

      Dr. Sujith Jayaprakash, Rector of BlueCrest University College Ghana, emerge as Digital Economy Personality of the Week

      Lillian Barnard, CEO of Microsoft South Africa Becomes Digital Economy Personality of the Week

    • Events
    • Download
      • Newsletter
        • JUNE EDITION
        • JULY EDITION
        • AUGUST EDITION
        • NOVEMBER EDITION
      • Magazine
    • Contact
    Digital Economy
    News

    JPMorgan Announce Plans to Launch Crypto Wallet Under New Trademark

    adminBy admin3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    JPMorgan, a global banking institution headquartered in New York City, has trademarked a cryptocurrency wallet. The banking giant is developing a global computer network to facilitate the electronic transfer of virtual currencies.

    Kondoudis, a patent and trademark lawyer, claims that during the week, the U.S. Patent and Trademark Office (USPTO) authorized JPMorgan Chase (NYSE:JPM) Co.’s trademark application. According to him, the trademark extends to the buying and selling of cryptocurrencies and the processing of payments made using cryptocurrencies.

    According to a tweet concerning the launch, Mike Kondoudis, Trademark and Patent attorney has said; The J.P. MORGAN WALLET is now a registered trademark for: Virtual currency transfer + exchange Crypto payment processing Virtual checking accounts Financial servicesThe USPTO granted the #JPMORGAN application on Nov 15#NFTs #Metaverse #Crypto #Web3 #NFT #Finance pic.twitter.com/Qg2wSeqtFf — Mike Kondoudis (@KondoudisLaw) November 21, 2022

    The bank’s CEO has taken a public stand against Bitcoin and other cryptocurrencies, but the bank is still betting on crypto-related products in an effort to speed up its transactions. In 2013, JPMorgan suggested a system of payments similar to Bitcoin. It submitted a patent application in 2018 for a P2P payment system that would facilitate intra- and inter-bank settlements via blockchain technology.

    READ ALSO:

    Gen Z Recruiter Placed App Raises £4m Investment

    Huawei South Africa makes Move to Enrich Partner Ecosystem with new Business Division

    4Com Secures Second Deal in six Months

    The bank’s support for crypto innovation was on display when, in late October 2020, it announced the launch of its JPM Coin stablecoin, the first cryptocurrency backed by a U.S. bank used to send cross-border payments. To facilitate the creation of innovative products, networks, and markets, they simultaneously unveiled Onyx, the first blockchain platform to be headed by a bank.

    Recall at the beginning of November, JPMorgan completed its first international transaction using Polygon, a Layer-2 scalability solution for the Ethereum network. This was a big step for the bank.

    Last month, the biggest bank in the United States said that it was considering making a digital wallet that would let customers choose digital identification keys across multiple DeFi and metaverse apps.

    Since 2017, JPMorgan’s CEO has taken a hard line against Bitcoin and other cryptocurrencies, going so far as to say he would dismiss any JPMorgan trader involved with cryptocurrencies.

    Trademark filings for “JP Morgan Wallet” indicate that the new digital wallet would facilitate cryptocurrency payments, although they do not specify which coins will be accepted.

    Even with the recent collapse of Terra and the bankruptcies of other hedge funds and cryptocurrency exchanges like FTX, the cryptocurrency market has proven that there is a community eager to invest in it regardless of the amount of fear, uncertainty, and doubt (FUD) that has been spreading about it lately.

    In a note to clients at the start of the year, Kenneth Worthington, an equity research analyst at JPMorgan, said that big investors and corporations would start to get into the cryptocurrency markets and industry. The latest trademark from JPMorgan shows that the bank is playing a big part in this adoption.

    DeFi Ethereum FTX JPMorgan Metaverse
    Share. Facebook Twitter LinkedIn Email
    admin
    • Website

    Related Posts

    Liquid Intelligent Technologies Acquires Cysiv MEA to Expand Cloud and Cybersecurity Services in Egypt and MENA Region

    Omantel partners with Wingu Group’s Djibouti Data Centre to expand into African market

    Mohammed Bin Rashid School of Government Launches Report on Advancing Artificial Intelligence Impact in Dubai

    Hewlett Packard Enterprise to acquire IT operations management company OpsRamp

    HITEK Services to provide CAFMTEK solution to Abu Dhabi Motor Sports Management for Yas Marina Circuit

    MIT and Bahrain’s DANAT collaborate on advanced characterization tools for pearls

    Leave A Reply Cancel Reply

    Demo
    Top Posts

    Data Center and Technology Predictions 2023

    Ghana’s Girl’s-in-ICT initiative: – Bridging the Gender Digital Divide

    Digital Economy Unveils Top 20 Digital Economy Leaders in Kenya

    Don't Miss

    Liquid Intelligent Technologies Acquires Cysiv MEA to Expand Cloud and Cybersecurity Services in Egypt and MENA Region

    Liquid Intelligent Technologies, a London-based group with operations in various regions, has acquired Cysiv MEA,…

    Omantel partners with Wingu Group’s Djibouti Data Centre to expand into African market

    Mohammed Bin Rashid School of Government Launches Report on Advancing Artificial Intelligence Impact in Dubai

    Hewlett Packard Enterprise to acquire IT operations management company OpsRamp

    Most Popular

    Mr. Eliud Owalo, Kenya’s Cabinet Secretary Ministry of Information, Communication and the Digital Economy named Digital Economy Personality of the Week

    Liquid Intelligent Technologies Acquires Cysiv MEA to Expand Cloud and Cybersecurity Services in Egypt and MENA Region

    Omantel partners with Wingu Group’s Djibouti Data Centre to expand into African market

    Features

    Data Center and Technology Predictions 2023

    Ghana’s Girl’s-in-ICT initiative: – Bridging the Gender Digital Divide

    Digital Economy Unveils Top 20 Digital Economy Leaders in Kenya

    Subscribe to Daily News

    Sign up for the most important global Technology news, from startup´s to Big Tech companies

    Digital Economy
    Facebook Twitter Instagram LinkedIn WhatsApp
    • Home
    • About us
    • News
    • Features
    Copyright © Digitaleconomymag 2023. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.