UBS to Open Blockchain Innovation Lab in London

UBS to Open Blockchain Innovation Lab in London

Giant Swiss bank UBS is planning to investigate blockchain technology in a new innovation lab based in London, FInextra reports. The innovation lab, located in Level39's high growth space, HighGrowth:42, will explore the role of blockchain technology in financial services. UBS, a Swiss global financial services company with its headquarters in Basel and Zürich, Switzerland, provides investment banking, asset management and wealth management services for private, corporate, and institutional clients worldwide. Operating in more than 50 countries with about 60,000 employees around the world,....


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Cash can be equally as unsafe if you wish it to be if you don’t look after it properly. I think you have to go into any new technology or any new idea with your eyes open and be aware of the risks and as its use expands and becomes more prevalent across society then protocols change and security/safety systems develop.

Russell Kelly, Director of KPMG