Spain-based international bank Santander realized the moment had arrived for blockchain technology to transform banking. As part of the we.trade consortium, Santander uses the IBM Blockchain platform to connect banks with start-ups, entrepreneurs and other businesses to issue letters of credit using Hyperledger-based smart contracting. The bank is using blockchain technology to change the way banks and businesses move money around the world. Read more: https://ibm.co/2Cojjwt
“This is the a-ha moment in the Blockchain space when it comes to applying Blockchain for cash management, liquidity management, cash pooling, sweeping and topping of liquidity,” explains Juan Jiménez Zaballos, Group Vice President, Santander. #IBMClientVoices