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JPMorgan s blockchain payments test is literally out of this world JPMorgan Chase & Co has recently tested blockchain payments between satellites orbiting the earth Reuters February 25, 2021 LONDON: Stuck in space with bills to pay? Don’t worry, the satellites could take care of it. JPMorgan Chase & Co has recently tested blockchain payments between satellites orbiting the earth, executives at the bank told Reuters, showing that digital devices could use the technology behind virtual currencies for transactions. The so-called Internet of Things (IoT), where devices connect to one another, is most associated with consumer electronics, including smart speakers like Amazon Echo and Google Home, and banks want to be ready to process payments when these smart devices start doing transactions autonomously.

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