<center>https://infos.link/wp-content/uploads/2018/11/sharon-mccutcheon-534817-unsplash-e1540964985352.jpg</center> <br/><em><strong>The Quorum Blockchain, which takes up the bases of Ethereum, will be used for the traceability of gold ingots. The $ 2.534 Billion Capitalization Market Capitalist Will Use the Blockchain to "Tokenize" these ingots with </strong><strong>electronic </strong><strong>tags </strong><strong>.</strong></em>
<h2>Create gold with Quorum.</h2>
JP Morgan has always been interested in Blockchain since its inception. <strong> In particular, the company has shown its interest in the ability of this technology to improve asset management, eliminating maintenance costs and, of course, taking advantage of the potential of smart applications.</strong>

To take advantage of all this potential, <strong>JP Morgan has partnered with Quorum, which will be responsible for tokenizing the gold bullion, and will allow miners to earn bonuses on the global market.</strong>

Umar Farooq, head of Blockchain initiatives at JP Morgan in New York, said:
<blockquote>"There are people outside our company who use Quorum to create gold, for example. They wrap a gold bar in an electronically labeled tamper-proof casing, and can follow the ingot of the mine until final delivery. "
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<h2>JP Morgan declares his flame to Ethereum</h2>
<blockquote><strong>Ethereum's protocols and smart contracts fascinate JP Morgan's management, and in this new perspective, the banking giant has not hidden its fondness for the platform</strong> .

"We are the only financial player with everything from application to protocol. We believe in Ethereum a lot, "says Farooq.
</blockquote>
On the other hand, <strong>he announces that Quorum based on Ethereum will bring a flourishing to the company</strong> . The bank said:
<blockquote>"We will not comment on the speculations. However, Quorum has become an extremely successful business platform, beyond financial services, and we are excited about its potential. "
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<strong>What do you think of Quorum? </strong>Give us your opinion in the comments section. <br />