{"id":33363,"date":"2025-06-24T09:46:35","date_gmt":"2025-06-24T09:46:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33363"},"modified":"2025-06-24T09:46:35","modified_gmt":"2025-06-24T09:46:35","slug":"blockchains-solutions-like-jpmorgans-jpmd-could-make-tglobal-economy-100x-better-start-with-best-wallet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33363","title":{"rendered":"Blockchains Solutions like JPMorgan\u2019s JPMD Could Make tGlobal Economy 100x Better: Start with Best Wallet"},"content":{"rendered":"
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The dated COBOL (Common Business Oriented Language) system may become a thing of the past thanks to increasing blockchain innovation and adoption by the world\u2019s banking system.<\/p>\n

At least this is what Jesse Pollak, the creator of Base and Head of Protocol at Coinbase, told Unchained in a recent interview:<\/p>\n

\n

\u2018The global economy is going to work 100 times better because it\u2019s using this new technology that lets us move money in a permissionless, programmable way.\u2019<\/p>\n<\/blockquote>\n

\u2014Jesse Pollak, Unchained Podcast<\/a><\/p>\n

What is COBOL?<\/h2>\n

COBOL is one of the oldest high-level programming languages, developed in the late 1950s for business applications and administrative systems in business, finance, and other areas.<\/p>\n

Despite being\u00a0in use in most banking systems, it faces issues related to its inefficiency, reliance on a niche language, limited libraries, and lack of support for multimedia processing, machine learning, and graphical UI.<\/p>\n

JPMorgan\u2019s JPMD Changes the Game<\/h2>\n

JPMorgan just announced its JPMD (J.P. Morgan Deposit Token), which essentially incorporates blockchain technology into its payment system. As stated in the press release:<\/p>\n

\n

\u2018JPMD \u2013 and Deposit Tokens in general \u2013 match the novel and distinctive properties of stablecoins, most notably the ability to conduct peer-to-peer transactions with programmability. As such, Deposit Tokens and stablecoins can be applied to similar use cases.\u2019<\/p>\n<\/blockquote>\n

\u2014JPMorgan, Deposit Tokens<\/a><\/p>\n

This could signal the first step towards the abolition of COBOL, which, according to a Reuters report<\/a>, is still in use in over 43% of the world\u2019s banks.<\/p>\n

\"Reuters<\/p>\n

According to John Duigenan, General Manager of Financial Services at IBM Technology,\u00a0the dinosaur systems the banks are still using highlight the lack of innovation in the banking industry.<\/p>\n

\n

\u2018In order for banks to offer new services \u2026 they have to be able to modernise and transform \u2014 and many are struggling with the fact that they have hyper-integrated monolithic systems from 50 years ago.\u2019<\/p>\n<\/blockquote>\n

\u2014John Duigenan, Interview<\/a><\/p>\n

In contrast, the JPMD system lets whitelisted customers transfer their JPMorgan deposits to Coinbase\u2019s BASE and move money far more efficiently than COBOL ever could.<\/p>\n

This is what Jesse Pollak meant when he said that blockchain integration will help the economy work 100x better.<\/p>\n

\"US\u2019sIn this evolving financial context, the adoption of new tools like Best Wallet is another step in the right direction.<\/p>\n

How Best Wallet Contributes to a More User-Friendly Financial System<\/h2>\n

Best Wallet<\/a> is a non-custodial, no-KYC, and free-to-use crypto wallet with a user-friendly interface, live charts, and a Token Launchpad. The latter alerts you to hot new tokens, so you can buy early and potentially maximize your ROI.<\/p>\n

Best Wallet is available to use right now, but it\u2019s also under continuous development, intending to expand its reach and implement new services across four phases.<\/p>\n

\"BestAn NFT gallery, support for over 60 chains, market intel analytics, and MEV protection<\/a> are all in the pipeline, as the project gains traction and sees wider adoption.<\/p>\n

Best Wallet\u2019s native token,\u00a0$BEST<\/a> is now in presale and has already accumulated over $13.5M, with a current token price of $0.025225.<\/p>\n

The token supports Best Wallet\u2019s development cycle while offering holders exclusive perks within Best Wallet\u2019s ecosystem. These include governance rights, reduced on-chain transaction fees, and early access to new features and projects.<\/p>\n

\"$BESTBased on Best Wallet\u2019s utility, ease-of-use, and ambitious roadmap, our analysts predict that $BEST will steam up the charts post-release.<\/p>\n

We\u2019re looking at a potential price point of $0.072 by the end of the year, which represents a growth of 185% from today\u2019s price of $0.025225.<\/p>\n

With a projected 1B users by 2030, $BEST could reach $0.82<\/a> or higher, for an ROI of 3,150% if you invest today. This makes $BEST one of the best crypto presales<\/a>\u00a0of 2025.<\/p>\n

If you want to join the presale to take advantage of the $BEST pre-launch price and the staking APY of 103%, go to the presale page and buy your stack of $BEST today.<\/a><\/p>\n

The Future of Banking is Blockchain<\/h2>\n

With finance giants like JPMorgan already making the transition to digital assets and blockchain services, the signs are clear: the world\u2019s banking system is heading straight to tokenization.<\/p>\n

In this ever-changing financial context, innovative, user-focused services like Best Wallet<\/a> will drive the transition from the classical banking system to blockchain-based ones.<\/p>\n

Remember, this isn\u2019t financial advice. Do your own research (DYOR) and only invest money that you can afford to lose.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The dated COBOL (Common Business Oriented Language) system may become a thing of the past thanks to increasing blockchain innovation and adoption by the world\u2019s banking system. At least this is what Jesse Pollak, the creator of Base and Head of Protocol at Coinbase, told Unchained in a recent interview: \u2018The global economy is going […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33363","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33363"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33363\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}