Financial institutions all over the world partner to explore and adapt the blockchain technology to financial needs.
Mizuho has become one of the first Japanese banks to adopt blockchain using Ripple.
Only 14% of those interrogated predicted that banks can suffer from financial technology disruption.
Research company Aite Group predicts bank will invest around $400 million in the blockchain technology within the next few years.
Goldman Sachs has developed a new cryptocurrency using the blockchain technology.
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.
Thirteen top banks, including Citi, Bank of America and Deutsche Bank, have joined a consortium led by financial tech firm R3 that is developing blockchain technology for the financial industry.