JPMorgan's Blockchain Chief Is Setting Out on Her Own
1–10 of 28 posts
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#2One has to wonder if it's related to: https://www.reuters.com/article/us-blockchain-jpmorgan/jpmor...
(In that maybe the bank decided not to, or will but wants someone else to lead it, or the spinoff will prove worthless, or...)
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#3One has to wonder if it's related to: https://www.reuters.com/article/us-blockchain-jpmorgan/jpmor... (In that maybe the bank decided not to, or will but wants someone else to lead it, or the spinoff will prove worthless, or...)
Banks are very political places too. Not the ideal home for a hacker.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#4I had the pleasure of meeting Amber at a conference recently and am not surprised she is going out on her own. With her knowledge and contact list, I'd expect her next venture to be a success.
This has been a common occurrence across many of the large classic players of the financial space. Keeping talent is difficult when a startup can be substantially more agile and effective. I know this isn't unique to the blockchain space, but it is certainly very prevalent. Potentially due to the fact that many leaders in the space were early investors in the technology too and a stable salary isn't top of mind compared to freedom and a challenge.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#5One has to wonder if it's related to: https://www.reuters.com/article/us-blockchain-jpmorgan/jpmor... (In that maybe the bank decided not to, or will but wants someone else to lead it, or the spinoff will prove worthless, or...)
Banks are very political places too. Not the ideal home for a hacker.
And if you print all the policies and procedures, you can easily build a decent wall with all that paper.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#6I wonder at what point blockchain will hit a make or break moment in finance companies. At some point, it will have to provide direct, tangible value-add or it might get funding pulled from non-tech companies
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#7Probably like most people on HN, I have no idea how effective permissioned blockchain will end up being.
I took the edX Blockchain for Business class last year, and was sipping the coolaid, but now I am not as optimistic. For small groups of people and organizations, a permissioned blockchain might be over engineering when a distributed and secure shared database would be fine. For very large scale applications like health care records or smart contracts involving many thousands of individuals it makes more sense, but good luck getting off the ground.
I am still experimenting with two frameworks, one written in Rust and the other Haskell, but I am starting to think I am investing too much time.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#8One datapoint: I've started seeing small dev shops who offer to their clients that they can do things "on the blockchain". "Bitcoin is hype, but blockchain is the underlying technology."
Seems like MySQL could solve the problem just as well.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#9One datapoint: I've started seeing small dev shops who offer to their clients that they can do things "on the blockchain". "Bitcoin is hype, but blockchain is the underlying technology." Seems like MySQL could solve the problem just as well.
One can't "Roll back" in mysql. Mysql also can't easily create N master-master replication nodes.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#10One datapoint: I've started seeing small dev shops who offer to their clients that they can do things "on the blockchain". "Bitcoin is hype, but blockchain is the underlying technology." Seems like MySQL could solve the problem just as well.
I've been getting more serious about Hyperledger Fabric, and with time, I can't seem to see any use case that can't be solved by a typical distributed app. I see the utility of permissionless blockchains, but private blockchains, I don't get it.