Crypto

Spanish Bank to Perform Interesting Research on Blockchain

Santander, officially announced that a team was set up to investigate the impact of Blockchain technology on deed transactions.

In the name of this team, named "Digital Investment Banking" the bank's blockchain officer John Whelan .

After leaving the R3 consortium in 2016, Santander drew his own roadmap on the Blockchain research and started to apply it.

Santander's vice president and corporate banking Jose M. Linares stated in his press release that digitalization in the financial sector has been in a major increase in recent times:

"Our customers believe that our customers have better solutions at this point, they were in demand for our support.

Though many banking giants embark on a period of abstaining attitude towards the Blockchain, Santander's vision in this regard is indeed indecisive.

In April, the business with Ripple