Following the departure of Amber Baldet (see No. 11), JPMorgan Chase tapped Christine Moy to lead the bank’s blockchain program. The Wall Street giant, which created Quorum, an open-sourced the Ethereum-based blockchain, is now mulling the fate of that distributed ledger technology. JPMorgan Chase has been rumored to be considering a spin-off of Quorum—but for now, Moy is steering the tech’s development, including running pilots, such as the execution of a $150 million fixed income security, a Yankee certificate of deposit, on that ledger.
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