JPMorgan has identified a swift convergence between decentralized finance (DeFi) and traditional finance (TradFi), underscoring its ongoing pilot projects with Chainlink and Base. The financial giant is exploring how blockchain technology can enhance financial services, leveraging Chainlink's decentralized oracle network and Base's layer-2 blockchain solutions. These initiatives aim to integrate DeFi's innovative capabilities with the established infrastructure of TradFi, potentially transforming the financial landscape.
JPMorgan Highlights Rapid Convergence of DeFi and TradFi
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