Santander Backs Ethereum with Gold Sponsorship of Devcon2
Santander, one of the biggest global banks with almost 200,000 employees and yearly revenue of more than $12 billion announced today the gold sponsorship of Devcon2, one of the biggest event of the year in the blockchain space to be held in just over three weeks. The sponsorship follows Santander’s participation in the Universal Settlement Coin project, an Ethereum based private blockchain that turns fiat into digital cash with the aim of reducing costs and increasing speed. They join Microsoft, a premier sponsor, in supporting one of the biggest blockchain event of the year which,....
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Microsoft (NASDAQ:MSFT) has decided to sponsor and attend DEVCON2, Ethereum's developer conference that will be held in Shangai this year. Vitalik Buterin welcomed the endorsement from Microsoft and expressed its willingness to work together on future projects. DEVCON, the first Ethereum’s developer conference, received a new sponsor. Microsoft (NASDAQ:MSFT), the multinational IT company, announced its direct involvement in the event. DEVCON2 is the next ethereum developer and community gathering to take place, the event will be held at Shangai from 19 to 21 September. According to George....
Spanish banking giant Santander is working on a project that explores how it could digitize customer cash using the public ethereum blockchain. Revealed today during a panel talk at Devcon2 by Ether.camp founder and ethereum Java client developer Roman Mandeleil, the news was confirmed by representatives of Santander. In statements, Santander said its goal is to open up its bank-issued funds to a community of innovators as a way of tapping additional efficiencies. Given the recent deluge of proofs-of-concepts and consortium announcements, Santander's move to potentially issue digital cash....
Santander bid to make history today as the first multinational bank to use ethereum’s public blockchain to transform central bank issued money into digital currency. One of the biggest bank in the world, Santander, aims to allow its customers to turn bank account funds into ethereum based tokens, starting a new stage in digital currencies and beginning a move towards mainstream use. They have been working with Roman Mandeleil, founder of ether.camp, for the past nine months, with the project now in testing on Ethereum’s Morden. The crowd erupted in enthusiastic applause upon hearing the....
Santander, a part of the Spanish Santander Group is now using the Ethereum Blockchain to develop a public digital cash system using the Ethereum Blockchain. Santander officials confirmed this project which will make the bank the first to use an existing public Blockchain for issuing digital currency. The project was announced by Ethereum developer and founder of Ether.camp, Roman Mandeleil at Devcon-2 during a panel talk on Sep 20. Santander’s goal is to issue digital bank notes to the Blockchain community to encourage development and use of the token. This digital cash should be....
Santander, a leading financial institution in Spain, is preparing to offer a Bitcoin ETF to its customers in the country. This, while Spanish asset managers have been largely reluctant to embrace crypto products as part of their investment portfolio offerings to customers.
Santander Bitcoin ETF in Preparation
Santander will be giving the finishing touches to a Bitcoin ETF product in Spain, according to reports from local sources. This reportedly positions the company to be the only financial institution interested in offering this type of product to its customers in Spain.....