
Neeranam
Member-R-
Posts
34,432 -
Joined
-
Last visited
Content Type
Events
Forums
Downloads
Quizzes
Gallery
Blogs
Everything posted by Neeranam
-
If they are in that area, obviously they are sex pests. They could drink in much cheaper areas.
-
Firstly, how old are you? I'd bet my bottom baht you are over 50. I haven't drank for 20 years but when I was young used to drink 2 large bottles of Thai whisky a day. Live and Let Live
-
Hmm - In initial years JP Morgan forayed into the blockchain industry In 2015, the bank made its first effort to venture into the blockchain space by forming the R3 consortium with 8 other banks, including BBVA and Barclays. Following that, JPM initiated a trial run for blockchain technology in February 2016 to measure its ability to deal with increasing competition from online lenders and payment systems that use blockchain and cryptocurrency. In October of the same year, the bank launched its blockchain, Quorum, a platform developed internally to be a private version of the Ethereum network. JPM ended its engagement with the consortium in April 2017 and left R3 to pursue a separate technology goal. JP Morgan launched Dromaius, a prototype designed to test the use of the Ethereum blockchain technology in 2018. During this time, the bank was experimenting with how blockchain could help minimize costs and ensure easier transactions within capital markets. In 2019, JP Morgan launched the JPM Coin, a digital token representing fiat currencies (i.e., where 1 coin equals $1) using blockchain technology to transfer payments between institutional clients. The coin runs on the Quorum blockchain and is currently available to specific big institutional investors and clients with approval from JP Morgan. JPM Coin has the capability to back advanced payment types such as PvP (Payment versus Payment), DvP (Delivery versus Payment), machine to machine payments, and traditional cross-border payments. There are three practical uses of JPM Coin: Real-time payment transactions at any time of the day for big international corporate clients Secure transactions Allowing large corporations that use JP Morgan's treasury services to replace the dollars they hold in subsidiaries around the world Last two years were focused on innovation and expansion JP Morgan wanted to expand beyond stablecoins. In May 2020, it started providing cash management services and decided to handle dollar-based transactions for Coinbase and Gemini customers in the US. In August 2020, it sold its blockchain Quorum to ConsenSys. Soon after in October of that year, the bank launched its second blockchain, Onyx, to shift towards digital currencies in the financial services industry. Onyx is a blockchain-based system that caters to the following: Its first offering, Liink by JP Morgan, is a comprehensive network that allows institutions to seamlessly share payment-related data The second offering is the next-generation coin system that enables corporate clients to make programmable, real-time, multi-currency payments using multi-bank shared ledgers. (This is currently in development and not offered as a live product. ) Third on the list is blockchain network Onyx Digital Assets, built to exchange value between diverse types of digital assets. Last is the blockchain launch division dedicated entirely to working toward introducing new applications, networks, and shared platform technologies. JP Morgan was also one of the first major US banks to provide its wealth management clients with access to Bitcoin and other cryptocurrency funds. In March 2021, JPM launched the Cryptocurrency Exposure Basket, a debt instrument that gave exposure to cryptocurrency through 11 Bitcoin proxy stocks. While it does not invest directly in cryptos, it includes positions in a total of 11 companies that have exposure to crypto, which include MicroStrategy, Block (Square), Riot Blockchain, and NVIDIA. A couple of months later, in July 2021, it became the first US bank to provide access to 6 crypto funds to its major wealth management clients to add bitcoin and other cryptocurrencies to its portfolio. The bank has not slowed down in 2022 In January, The Central Bank of Bahrain completed a test of the JPM Coin in collaboration with Onyx, permitting Bank ABC to launch real-time payment services for Aluminum Bahrain (ALBA) in the US. In February 2022, JP Morgan became the first bank to set up its services in the metaverse by launching the Onyx lounge in Decentraland, a blockchain-based 3D virtual world browser.The bank plans to take advantage of potential growth opportunities in the metaverse through its virtual presence. In May 2022, JPM tested using the blockchain for collateral settlements. The first ever transaction happened on May 20, when two entities within JP Morgan transferred a tokenized representation of Black Rock Inc. money market fund shares. In June 2022, the head of Onyx Digital Assets said JPM had plans to bring trillions of dollars of tokenized assets into DeFi. This will help DeFi users to take advantage of non-crypto assets' yield-generating potential, which presents a huge opportunity for the company and the entire blockchain industry. JP Morgan's investments and partnerships within the crypto/blockchain space JP Morgan's crypto and blockchain strategy expand beyond internal R&D. The incumbent bank has also explored the space through strategic partnerships and investments. The following is a list of JP Morgan's partnerships over the past 5 years: https://www.blockdata.tech/blog/general/what-jp-morgan-is-doing-in-blockchain-and-crypto
-
Unbelievable what the banks are doing now, and have been doing since 2017 - spreading FUD for BTC and crypto in order for investors to sell, so they can buy it all up at reduced prices - should be allowed! https://www.cnbc.com/2022/12/06/dimon-calls-crypto-a-complete-sideshow-and-tokens-are-pet-rocks.html
-
Bank insists I wear a mask
Neeranam replied to happydays's topic in Jobs, Economy, Banking, Business, Investments
I think every visitor to another country should adopt THAT country's culture. Don't you? -
Indeed. I think its the responsibility of the law abiding foreigner to report officers who ask for tip or the agent who asks for 15,000 baht. Problem is, many are scared to, or don't know who to complain to. I reported one office in Isarn for having a tip box to an ex minister of finance. He sent a team to remove it. He is also aware of the many foreigners paying agents to bribe bent immigration officers. I know many illegal immigrants who think they're legal, just as they have a stamp in their passports, its a big problem, which makes it difficult for the law abiding ones., who get their extension the proper way and met the requirements. Get rid of corruption by reporting all agents and illegals. https://www.ombudsman.go.th/new/ If this using agents are arrested, corruption will soon stop and the agents will go out of business.
-
Buy it online - Central online.
-
Prawit Tipped To Get More Votes Than Any Others For PM
Neeranam replied to webfact's topic in Thailand News
Not to mention blowing snot into a rag and putting it back into the pocket, disgusting! Never show the sole of the foot to anyone, especially a monk. -
Prawit Tipped To Get More Votes Than Any Others For PM
Neeranam replied to webfact's topic in Thailand News
Indeed, give the guy a break. There was a mistranslation, and what he said was taken out of context. It is true that Thais shower more than foreigners from cold countries. -
Home immigration checks may be on the uptick
Neeranam replied to markwhite's topic in Thai Visas, Residency, and Work Permits
Why would immigration care about Thai nationals? Do you think homeless people in your own country are trash and should be put in jail? I don't know why you are so bitter, Thai immigration makes it easy for foreigners to stay here.