Monday, the company behind Zcash, the Zerocoin Electric Coin Company (ZECC) announces a partnership with JPMorgan Chase to add Zcash’s privacy technology to Quorum, an enterprise blockchain platform JPMorgan built on Ethereum, a network similar to bitcoin's but focused on smart contracts. ZECC also announced last night that it has joined the Enterprise Ethereum Alliance, of which JPMorgan Chase is already a member. Zcash isn't the only privacy coin. Monero offers less perfect privacy technology but greater speeds, which could be relevant for transactions, say, on a mobile device. Its investors include Naval Ravikant, the CEO and cofounder of AngelList, blockchain venture firms Digital Currency Group, Pantera Capital and Fenbushi Capital, as well as top entrepreneurs in the space such as Adam Ludwin of enterprise blockchain firm Chain and Fred Ehrsam, the cofounder of Coinbase.

Source: Forbes May 22, 2017 13:00 UTC