The companies have developed a blockchain-based system to shorten the time of cross-border securities transactions settlement.
The Royal Bank of Canada aims at transforming traditional transaction process to decrease operational costs and boost efficiency.
UBS Group AG partner Clearmatics continues raising its funds while UBS is working with blockchain.
The world’s first truly international Bitcoin bank NextBank is preparing to launch during 2016 after successfully raising 950 000 USD seed investment capital. NextBank is now taking early registrations.
NextBank is planning to launch a new bitcoin banking platform that will make it easier for bitcoin community to use financial services worldwide.
NextBank’s mission is to provide advanced banking services for Bitcoin and cryptocurrency users worldwide. NextBank will offer international Debit Cards, accounts denominated in both fiat such as USD and various cryptocurrencies, SWIFT transfers, an escrow service, currency exchange, and much more.
Royal Bank of Scotland is going to become one of the first main banks to launch a service based on blockchain technology. Actually, this move may disrupt the way the banking sector works.
Barclays announces cooperation with blockchain companies Chainalysis and Wave.
Mijin, a new project of Tech Bureau, is specialized in creation of private blockchains.
A Spanish banking group Santander is going to use the blockchain technology.
Exponential Finance Conference, recently held in New York City, gathered major players in the financial industry, who shared their views on the future of financial world.