UniCredit White Paper Explores Blockchain Uses for Banks
Italian bank UniCredit has published a white paper that explores how banks could offer blockchain-based services for use cases in interbank payments and the post-trade process. The paper, published in late February, offers a general overview of digital currencies and the underlying technology, which it notes “has the potential of reshaping the current financial services technical infrastructure”. Written by UniCredit staffers Matteo Biella and Vittorio Zinetti, the release comes months after the bank joined the R3 blockchain consortium. One potential application, the bank writes, is that....
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