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JPMorgan’s Blockchain Chief Amber Baldet Steps Down for Her Own Project

posted onApril 7, 2018
by l33tdawg

L33tdawg: Excited to see Amber's closing keynote at #HITB2018AMS next week!

As soon as the episode with infamously blamed  “Bitcoin bible”  was covered in dust, JPMorgan has hastened to join a slew of financial giants exploring the business potential for blockchains, the robust technology behind cryptocurrencies. Like many corporations, JPMorgan stands to gain if the technology can help it execute transactions in quicker, cheaper, and even more secure way.

Amber Baldet was responsible for the development of JPMorgan’s blockchain business keeping trace of the latest novelties within blockchain industry. She had been heading up bank’s Blockchain Center of Excellence, where Baldet was in charge of the product direction for Quorum, JPMorgan’s business-oriented database technology that runs on shared ledgers for record keeping.

According to the official statement of a JPMorgan spokesperson, Baldet is leaving for an “entrepreneurial opportunity” to launch her own firm. However, the field of Baldet’s further business activity is questioned and whether it will be blockchain related remains unclear.



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