Financial institutions all over the world partner to explore and adapt the blockchain technology to financial needs.
The UK banking giant has presented the new smart contracts app designed to record and manage financial agreements among its clients.
Former JPMorgan senior executive Blythe Masters rebuffed a proposal to join Barclays, as she is committed to continue her work at the blockchain startup Digital Asset Holdings.
The former chief executive of Barclays, Anthony Jenkins, believes the FinTech will disrupt the traditional banking industry over the next ten years.
Barclays announces cooperation with blockchain companies Chainalysis and Wave.
Nine of the world’s major banks, such as JP Morgan, Goldman Sachs and Barclays, are expected to adopt the blockchain technology in an attempt to broaden its use in the financial services sector.