Most of the so called "emerging tech" projects at JPM are being phased out due to not delivering the promised returns on investment (lots of money for expensive developers to build out moonshot projects with little concrete deliverables).
JPMorgan's Blockchain Chief Is Setting Out on Her Own
21–28 of 28 posts
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#22Probably 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…
Is one of them Juno? https://github.com/kadena-io/juno . If so, I was lead eng on it so let me know if you have any questions. FYI we're hiring haskell devs to work on our private consensus layer (based off of Juno), our public consensus protocol ( http://kadena.io/docs/chainweb-v15.pdf ) and our smart contract language https://github.com/kadena-io/pact + formal verification system. hiring+hn@kadena.io.
Indeed, it is the Pact language I have been playing with. Good stuff. I have also been watching your company Kadena.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#23Probably 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…
I've come to this same realization, except I'm also still quite on the fence for big corp use cases. I feel like RPC APIs or REST could do as good as a enterprise blockchain with better performance. May I ask what are the Rust and Haskell based frameworks you are looking at? I've been experimenting with Hyperledger Fabric and might try out BigchainDb.
Exonum is written in Rust and Pact (and Juno) are written in Haskell.
I was very enthusiastic last fall about setting up, on a very small scale, what my friend Ben Goertzel did with SingularityNet.io. I set up a placeholder web site http://hyperledgerai.com/ but have been too busy with my day job to put enough effort into it.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#24One 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.
It's a fair read, the private blockchain market is underserved/misserved by the "widely" used platforms (IBM Fabric/R3 Corda). The thing that most everyone misses (including IBM and R3) is that the point of a private blockchain isn't the blockchain... it's smart contracts. REST APIs + a DB can replace most "private blockchains as a time-stamper" usecases but here's the thing they can't do: replicate and trustlessly e…
I feel like most meaningful contracts probably already involve some level of trust though - so it's not much of a stretch to add a little more.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#25One 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.
Devs push updates to the nodes. They can do whatever they want with it.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#26Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#27I 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 blockc…
This comment is so generic.
Re: JPMorgan's Blockchain Chief Is Setting Out on Her Own
#28Most of the so called "emerging tech" projects at JPM are being phased out due to not delivering the promised returns on investment (lots of money for expensive developers to build out moonshot projects with little concrete deliverables).
The same is true for startups :)