JP Morgan’s decentralized finance branch Onyx is opening an Innovation Lab in Athens, Greece, the platform’s head announced last week, according to greekreporter.com.
“The initial focus will be on building blockchain-related capabilities,” the platform’s Head of Blockchain Launch and Onyx Digital Assets, Tyrone Lobban noted in a LinkedIn post.
As Lobban pointed out, the lab’s launch is part of the company’s efforts towards expanding the concept of digital identity, which it considers essential for the further advancement of its Web3 services:
“The Athens team will form part of Onyx Blockchain Launch and will be core to the exploration and build-out of Digital Identity solutions, extending the capabilities we have piloted over the past few years.
“We believe that Digital Identity is key to unlocking scale for web3 and can enable entirely new interactions and services for web2 and web3 alike.”
To this end, Lobban urged talented engineers who “want to work at the cutting edge of blockchain, identity & web3 in Athens,” to apply for the platform’s new positions in Greece, which include full-stack software engineers, a mobile app engineer, and Onyx Launch technical manager.
Onyx by JP Morgan claims to be at the forefront of the shift in the financial services industry. It says it is the first global bank to offer a blockchain-based platform for wholesale payment transactions, helping to re-architect the way that money, information, and assets are moving around the globe.
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