# JPMorgan and ETH based blockchain?

**URL:** <https://forum.zcashcommunity.com/t/jpmorgan-and-eth-based-blockchain/31396>\
**Category:** General\
**Created:** [September 26, 2018, 2:27pm UTC](https://forum.zcashcommunity.com/t/jpmorgan-and-eth-based-blockchain/31396 "2018-09-26T14:27:32Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![CitricAcid](https://avatars.discourse-cdn.com/v4/letter/c/cc9497/32.png) [@CitricAcid](https://forum.zcashcommunity.com/u/CitricAcid)\
**Post date:** [September 26, 2018, 2:27pm UTC](https://forum.zcashcommunity.com/t/jpmorgan-and-eth-based-blockchain/31396/1 "2018-09-26T14:27:32Z")

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Wait wasn’t it Zcash engineer’s that helped build this? @daira @Shawn@paige

> **[JPMorgan’s Ethereum-Based Blockchain Payments Trial Adds 75 Banks](https://www.ccn.com/jpmorgans-ambitious-ethereum-based-blockchain-payments-trial-adds-75-new-banks/)**
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> A blockchain payments trial jointly launched by a trio of banks led by JPMorgan has roped in 75 new banks globally for seamless and faster interbank settlements.

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**Author:** ![johnwisdom](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/johnwisdom/32/5836_2.png) [@johnwisdom](https://forum.zcashcommunity.com/u/johnwisdom)\
**Post date:** [September 26, 2018, 2:43pm UTC](https://forum.zcashcommunity.com/t/jpmorgan-and-eth-based-blockchain/31396/2 "2018-09-26T14:43:57Z")

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You are correct

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**Author:** ![Shawn](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/shawn/32/187_2.png) [@Shawn](https://forum.zcashcommunity.com/u/Shawn)\
**Post date:** [September 26, 2018, 2:45pm UTC](https://forum.zcashcommunity.com/t/jpmorgan-and-eth-based-blockchain/31396/3 "2018-09-26T14:45:57Z")

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Yes, Zcash helped incorporate zkSNARKs onto Quroum (JP Morgan’s corporate blockchain)

> **[Zerocoin Electric Coin Company Integrates Zero-knowledge Security Technology...](https://electriccoin.co/blog/jpm-quorum-integration/)**
>
> New York, October 17, 2017 – The Zerocoin Electric Coin Company and J.P. Morgan today announced the integration, and initial \[…\]

EDIT: but I don’t see mention of “Quroum” in the article, could be an omission or a different version of Quroum.

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**Author:** ![Autotunafish](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/autotunafish/32/7827_2.png) [@Autotunafish](https://forum.zcashcommunity.com/u/Autotunafish)\
**Post date:** [September 26, 2018, 3:06pm UTC](https://forum.zcashcommunity.com/t/jpmorgan-and-eth-based-blockchain/31396/4 "2018-09-26T15:06:54Z")

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They may have parted ways with quorum, interestingly enough it came shortly after Baldet did too

> **[JPMorgan Considers Making Blockchain Platform Quorum An Independent Entity](https://cointelegraph.com/news/jpmorgan-considers-making-blockchain-platform-quorum-an-independent-entity)**
>
> Sources say that JPMorgan is mulling over making its Blockchain and smart contracts platform, Quorum, into its own company

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**Author:** ![daira](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/daira/32/43253_2.png) [@daira](https://forum.zcashcommunity.com/u/daira)\
**Post date:** [September 27, 2018, 12:56am UTC](https://forum.zcashcommunity.com/t/jpmorgan-and-eth-based-blockchain/31396/5 "2018-09-27T00:56:43Z")

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The article does actually mention that the blockchain it’s referring to is based on Quorum:

> [First deployed](https://www.businesswire.com/news/home/20171016005402/en/J.P.-Morgan-Deploys-Blockchain-New-Correspondent-Banking) by JPMorgan in October 2017, the Interbank Information Network began as a blockchain experiment to minimize the participants and friction typically involved in a global payments transaction. The blockchain is developed using Quorum, an Ethereum-based private blockchain developed by JPMorgan in partnership with development studio EthLab.

I don’t know to what extent they’re using the [ZSL on Quorum prototype](https://github.com/jpmorganchase/zsl-q) we implemented.
