McCafée is right but Im not his fan lol
JPM coin is more private with specific purposes and it wont be like etherum where any one can create a smart contract and token lol
Lets wait for the full implementation
JPM coin will be used by the big companies in USA or the company's client. This coin will not open to the public. I have seen someone has explained a lot about that yesterday and JPM coin will be a private coin to the company.