Rabobank Partners with Blockchain Startup NexusLab
Rabobank has a proven track record of supporting innovative ideas, either through partnerships or investments. Financial institutions have a vested interest in blockchain technology, and that become even clearer when Rabobank announced their partnership with NexusLab. This gives the Dutch bank every opportunity to work with distributed ledgers, and ten startups will partake in their very first Startupbootcamp round. Dutch bank Rabobank has been experimenting with blockchain technology for quite some time, and they are currently focusing on four key areas. International payments,....
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Europe is taking blockchain technology and fintech solutions very seriously. All across the land, government officials, new startups, financial executives, and educators are promoting these emerging markets with much excitement. With investments being made within various European countries, and strategic discussions with parliament, it seems the Europe wants a leading edge in this growing environment. A recent partnership between the Dutch Rabobank and the Swiss-based Nexuslab will be geared towards early-stage European blockchain ventures. Switzerland’s blockchain startup program Nexuslab....
Multi-billion dollar financial services corporation D+H states that its development team successfully tested its proof-of-concept Blockchain with Dutch financial company Rabobank. Netherlands-based Rabobank, which has an annual revenue of nearly US$15 billion dollars, collaborated with D+H in running the company’s first preliminary tests with Coin Sciences’ proof-of-concept multi chain Blockchain solution. Rabobank and D+H claim to have acquired the evidence needed to prove that their Blockchain solution is able to process cross-border payments in real-time. The two giants in global....
Many banks hate Bitcoin and are feeling threatened by the new digital cryptocurrency. Coindesk recently wrote an article about Dutch Bank Rabobank. The context was the same as many articles before that have and have not made it to more major media outlets: Bitcoin businesses guillotined by banks around the world. Rabobank has blocked transfers of fiat to Bitcoin exchanges in the past for individuals, not just businesses. Rabobank even had days when all attempted online transfers to domestic Bitcoin Exchanges were met with a technical error. Two websites in the locality have since spread....
NexusLab, Zurich-based business platform, has gathered 10 teams to develop new applications of blockchain technologies in different industries; half of startups are from Nordics. Daniel Grassinger, managing director of Nexuslab and co-founder of Nexussquared, says: “Having identified and scouted more than 260 European early-stage blockchain startups and being able to select our pilot cohort out of some 50 qualified applicants is testament to the importance and broad future impact of blockchain technology. We’re very much looking forward to helping these promising startups further develop....
Rabobank, the Netherlands' third-largest retail bank by market share, blocked its customers' transfers to bitcoin exchanges for 'ethical reasons', according to several first-hand customer reports and bank documents leaked to Dutch news sites. When questioned about the blocks, Rabobank apparently told some customers there were "technical problems" with the transfer, but told others the bank's own internal Ethics Commission had ruled to disallow bitcoin trading. Dutch whistleblowing site Publeaks also published an internal Rabobank document first obtained by another website, Tweakers, that....