BNP Paribas Lab to Focus on Distributed Ledgers

BNP Paribas Securities Services has announced a new innovation lab that will focus on big data and distributed ledger tech.

By Pete Rizzo

Jun 24, 2016 at 2:50 p.m. UTC

Updated Sep 11, 2021 at 12:20 p.m. UTC

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Secure Your Seat

Pete Rizzo

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Secure Your Seat

BNP Paribas Securities Services, a subsidiary of French bank BNP Paribas, has announced a new innovation lab that will focus on big data and distributed ledger tech.

The bank said that the lab will seek to build solutions for data management and visualization, as well as tools that help clients manage cash and liquidity requirements.

The move comes amid a time of heightened interest in blockchain and distributed ledgers at BNP Paribas, following news it had begun work on a blockchain crowdfunding platform and a post-trade system for small businesses.

Read more about

Banking News BNP Paribas

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Pete Rizzo

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.