After years of hype with little to show for it, blockchain technology is on the cusp of a breakthrough: Making money in actual business applications. At JPMorgan Chase, the firm’s digital currency JPM Coin is being used commercially for the first time this week by a large technology client to send payments around the world, said Takis Georgakopoulos, the bank’s global head of wholesale payments. That development, along with several other behind-the-scene moves, convinced JPMorgan to create a new business to house its blockchain and digital currency efforts called Onyx, Georgakopoulos said last week in a phone ... (full story)