Five Ways Financial Institutions/Authorities Work With Blockchain Technology

With endless trials/projects/initiatives/region-specific consortiums/pilots, blockchain sometimes looks like one of those ‘fashion items’ in the financial services industry that institutions want to have to keep the title of 'innovative and modern.' Undoubtedly, some of those initiatives will end up perpetuating a large-scale adoption, but at the moment, a potpourri of activities just keeps piling up.

To somehow structure them, let's look at five types of relationships that financial institutions are establishing in the blockchain segment of financial technology solutions:

Type of relationships Examples of institutions Examples of activities Investments/</p>

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  • Goldman Sachs
  • Santander
  • Visa
  • Citi
  • JP Morgan
  • BNP Paribas
  • BBVA
  • NYSE
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