2017 may have been a historic year in blockchain, but Banca IMI's Massimo Morini argues the seeds for this revolution were sown in 2016.
Swiss banking giant UBS and a group of major banks plan to launch a live application later this month using the ethereum blockchain.
A presentation by the bank's wealth management execs declared that blockchain technology has a lot of potential, but was lukewarm of cryptocurrencies.
In a patent application released by the USPTO, money manager UBS indicated it was considering using smart contracts to validate transactions.
Goldman Sachs CEO Lloyd Blankfein has said it's to early for the bank to consider a bitcoin strategy as it "doesn't feel like a store of value."
BBVA has utilized blockchain platform Waves to conduct a live international trade transaction trial between Spain and Mexico.
Raiffeisen Bank International (RBI) has become the first Austrian banking group to join the R3 distributed ledger consortium.
Financial firms including JPMorgan Chase and Goldman Sachs have carried out equity swaps over a DLT system.
Bitcoin's astonishing price rally this year continues to attract skeptics, including the CIO of Japan Post Bank.
American Express just had its "Charles Lindbergh moment," using Ripple's blockchain to connect Santander clients in Europe and the U.S.