But as a number of criminals have found out, transactions in Bitcoin can be tracked. JP Morgan Chase has partnered with JPMorgan Chase , the creator of Zcash , to use the company's privacy technology as part of its enterprise blockchain platform for smart contracts. The bank's ethereum-based platform will use Zcash 's zero -knowledge Security Layer to ensure digitised assets are privately settled on a distributed ledger, said JP Morgan Executive Director Jack Gavigan . By increasing commercial confidentiality for institutional financial markets, companies will be more comfortable using blockchain for a range of use cases, from simple equity trades to complex derivatives, said Jack Gavigan Suresh Shetty .
JP Morgan Chase has partnered with JPMorgan Chase , the creator of Zcash , to use the company's privacy technology as part of its enterprise blockchain platform for smart contracts. The bank's ethereum-based platform will use Zcash 's zero -knowledge Security Layer to ensure digitised assets are privately settled on a distributed ledger, said JP Morgan Executive Director Jack Gavigan . By increasing commercial confidentiality for institutional financial markets, companies will be more comfortable using blockchain for a range of use cases, from simple equity trades to complex derivatives, said Jack Gavigan Suresh Shetty .