In the current block chain boom, JP Morgan has released three block chain stocks that can be expected over the long term.
JP Morgan analyst Sterling Auty states the criteria for choosing block chain stocks as follows.
Investors must determine whether there is the greatest opportunity to remove the intermediary, whether there is trust there, and which companies offer the best BaaS (Blockchain as a Service).
First of all, it is Akamai Technologies (Akamai), a leading company that provides CDN services. In May this year, in collaboration with Mitsubishi UFJ Financial Group (MUFG), we are developing the world’s fastest block chains boasting one million processing speeds per second.
Instead of building block chains from 0, customers want to use BaaS provided by vendors like Akamai.
It is also advantageous to be able to utilize block chains in Akamai’s large network.
The second one is DTM (Digital Transaction Management) and DocuSign of a digital signature leader company. The company has integrated the function of writing an electronic signed contract into Ethereum block chain into its own product.
DocuSign seems to want to digitize all contract processes. In the future, many platforms will change from a centralized security model to a block chain based distributed model.
The third is Ellie Mae , which automates the mortgage procedure.
Mr. Auty states that trust is created between the parties by utilizing the block chain for the mortgage procedure and Smart Contract will be useful for automating the inspection of income and employment certificates.
Article Source: JP Morgan sees three potential long-term stock winners from blockchain
Author: NT 【Coin Desk News】 – Source Post: https://crypto-times.jp/jpmorgan-akamai/
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