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LONDON:Stuck in space with bills to pay Don rsquo t worry, the satellites could take care of it.JPMorgan Chase amp Co has recently tested blockchai
air force mid n payments between satellites orbiting the earth, executives at the bank told Reuters, showing that digital devices could use the technology behind virtual currencies for transactions.
air jordan The so-called Internet of Things (IoT), where devices connect to one another, is most associated with consumer electronics, including smart speakers like Amazon Echo and Google Home, and banks want to be ready to process payments when these smart devices start doing transactions autonomously.Umar Farooq, the CEO of JPMorgan rsquo s blockchain business Onyx, thought space was a cool place to try it out. ldquo The idea was to explore IoT payments in a fully dec
nike force 1 mujer entralised way, rdquo Farooq said. ldquo Nowhere is more decentralised and detached from the earth than space. rdquo ldquo Secondly we are nerdy and it was a much more fun way to test IoT, rdquo he sa
