Blockchain Catch-upThis is a Charles Brett’s start-of-the-week Enterprise Times ‘blockchain catch-up’ 2022 -Week 42. Necessarily it is idiosyncratic and selective.

It is not intended to be comprehensive but does seek to highlight ‘Quick Takes’ on specific developments as well as interesting pieces to read, a listing of some (not all) announcements/press releases and pointers to upcoming events.

Quick Take(s) – Charles Brett’s Blockchain Catch-up 2022-Week 42

JP Morgan to launch blockchain euro deposits soon. Sees NFT opportunity

Per Ledger Insights: “JP Morgan already enables blockchain U.S. dollar deposit accounts with JPM Coin. Now it plans to enable blockchain-based Euro deposits ‘soon’ said Basek Toprak, head of Coin Systems at Onyx by JP Morgan.”

Mr Toprak summarised how difficult it is for customers to buy NFTs. “If they’re not already involved in crypto, the easy part is transferring money onto a crypto exchange. But then users have to transfer that to a self-custodial wallet, buy hardware to make sure it’s secure, and then buy the NFT. They also must be wary of phishing scams and the risk of losing the seed phrase to their wallet.”

Quick Take: blockchain is penetrating ‘deep financial services’. To Enterprise Times, blockchain, though it may surface to users/customers (as suggested above), is about deep infrastructure. As Veronique Steiner, of JP Morgan, has said, “The future is universal ledgers. We are slowly getting there. Web3, public blockchain, these will be possible over time. (We’re) taking small but important steps.”

7 pieces to read – Charles Brett’s Blockchain Catch-up 2022 – Week 42

Selected announcements/press releases/opinions – Charles Brett’s Blockchain Catch-up 2022 – Week 42

  • The ‘Merge’ did not fix Ethereum (opinion, behind FT paywall)
  • Big Eyes Coin, Solana and Stellar – revolutionising blockchain technology (opinion)
  • Bridge security is ‘Unresolved Technical Challenge,’ Chainalysis Research Director says (opinion)
  • Koreans to have access to blockchain-powered digital IDs by 2024 (announcement)
  • Celestia Foundation raises $55M for modular blockchain architecture (announcement)
  • Growth opportunities for blockchain in cyberwarfare and National Security 2022: blockchain to enhance physical security for national borders and critical infrastructure (report, announcement)

Selected events

  • LA Blockchain Summit 2022 (1st-3rd November, 2022)
  • Crypto and Digital Assets Summit – Winter Edition (28th November, 2022)
  • Bitcoin Conference (18th-20th May, 2023)


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