According to Decrypt, Jamie Dimon, CEO of JPMorgan Chase, despite his public dislike of Bitcoin, said that JPMorgan is a "real" big user of blockchain technology. Dimon mentioned in an interview at Georgetown University that JPMorgan is a "real" user of blockchain, not just for illegal activities. The bank uses blockchain technology through its JPMCoin product to help companies automate money transfers. While Dimon has repeatedly criticised Bitcoin as a "scam", he recognises the value of blockchain in the banking system.