RBS to Pilot Blockchain Proof-of-Concept in Early 2016

RBS to Pilot Blockchain Proof-of-Concept in Early 2016

Royal Bank of Scotland (RBS) is planning to demonstrate its blockchain-based proof-of-concept early next year. Speaking to Computer Weekly at Sibos - a financial services conference held in Singapore earlier this week - John Lyons, head of strategy and commercial services for RBS's payments business, said the bank could potentially trial and launch the blockchain-based pilot in 2016. Although Lyons reportedly declined to divulge further details about the proof-of-concept, he suggested it was "on the fringes of payments". Lyons' comments come after Simon McNamara, chief administrative....


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