Amber Baldet and JP Morgan are parting ways as the former executive and Blockchain lead, sets out to start her own business.
Amber was the head of JP Morgan’s Blockchain center of excellence.
A JP Morgan Spokesperson had confirmed the departure to Fortune, it said: “Amber is extremely talented and helped build the outstanding team we have today. We respect her desire to start her own venture and we wish her nothing but the best.”
Soon to take on Amber Baldet’s position will be Christine Moy, a senior product manager at the firm, also Baldet’s first choice to join her blockchain team.
From the looks of Amber’s twitter she has the full backing from the Crypto and Finance community.
So I currently have 2,080 LinkedIn requests and my DMs are basically melting. This level of support is amazing and a bit overwhelming. Please hang tight if I don’t respond right away, I’m working on it! 🙏🏻🥂
— Amber (@AmberBaldet) April 3, 2018
Despite JP Morgan Chase CEO, Jamie Dimon calling Bitcoin a “fraud” and then retracting his statement and emphasizing his regret on Fox News stating he “regrets making them.”
JP Morgan have now created their own Blockchain based platform called Quorum and is described on their site:
“Quorum™ is an enterprise-focused version of Ethereum.
“Quorum is ideal for any application requiring high speed and high throughput processing of private transactions within a permissioned group of known participants. Quorum addresses specific challenges to blockchain technology adoption within the financial industry, and beyond.”