JPMorgan Chase and Microsoft Collaborate in Blockchain Technology

According to the Wall Street Journal, on May 2, JP Morgan said it is using Microsoft cloud services to promote its blockchain platform, which is designed to make it easier and faster for companies to build and deploy blockchain applications. cut costs. Umar Farooq, head of JPMorgan's blockchain program, said Microsoft Azure will support Quorum's platform, which will allow companies to build new blockchain applications in a matter of weeks without much expertise. The financial terms of the agreement have not been disclosed.