JPMorgan in talks to merge blockchain unit Quorum with startup ConsenSys


JPMorgan built the Quorum blockchain internally using the ethereum network, the software that underpins ether. — Reuters

NEW YORK: JPMorgan Chase & Co is in talks to merge its marquee blockchain unit Quorum with Brooklyn-based startup ConsenSys, according to people familiar with the plans.

The deal is likely to be formally announced within the next six months, but financial terms are still unclear, the people said.

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Quorum Consensys Blockchain

   

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