JPMorgan Chase, a global financial powerhouse, is forging its own path in the world of cryptocurrency. The bank has developed a proprietary blockchain network specifically for clients, departing from the mainstream Ethereum model. This move involves strategic partnerships with leading crypto firms like Chainlink and Ondo Finance. 🤯 💰 JPMorgan recently accomplished its first transaction on this closed network, facilitated by Chainlink’s communication protocol for external data, marking a significant step forward in blockchain implementation within financial institutions. This marks the beginning of a new era in the application of blockchain technology for institutional clients.