ABN Amro Innovation Team Signals Wider Move to Assess Blockchain
Banks are investing more in assessing the potential of blockchain technology
Blockchain technology is something to expect much from.
Specifically for banks, it could become the oxygen mask in times of suffocating costs. "Financial services is essentially now a data industry. Operations in finance is focused on maintaining consistency in data about assets, liabilities, customer positions, etc.," Angus Scott, Euroclear's product strategy and innovation director, tells WatersTechnology. "Banking is a trust business. So new techniques of merging data are going to have an
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