ABN AMRO Survey Hints Bank’s Acceptance of Bitcoin as Mainstream Currency
ABN AMRO, the leading Dutch bank recently conducted a survey to gauge its customers' interest in using bank-run Bitcoin wallet. Read more... ABN AMRO Bank customers may soon have access to a Bitcoin wallet provided by their banking service provider. The Dutch banking major recently ran a survey on its website, to gauge its customers’ interest in Bitcoin. The survey was part of ABN AMRO Innovation Centre’s initiative to understand whether the Bitcoin community in Netherlands prefers to use a Bitcoin wallet developed by the bank or not. The initiative doesn’t come as a surprise as the bank’s....
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Contrary to speculation and discussion from earlier today, Dutch banking giant ABN AMRO is not working on or releasing a bitcoin wallet to its customers as a part of its banking services. Social media was abuzz with speculation that a bitcoin wallet might be in the offing by ABN AMRO , a major European bank with a global presence, based in Netherlands. A webpage surfaced, purporting to conduct a survey among ABN AMRO customers by the bank’s Innovation Centre. It stated: From the Innovation Centre of ABN AMRO, we follow the development of bitcoin closely. At present, we examine whether the....
The Netherlands state-owned bank, ABN Amro, is the eighth largest bank in Europe and the 15th largest bank on Earth. Last month, the head of the bank’s Innovation Centre, Arjan van Os, posted a long and rousing blog post with one of the most bullish statements on the subject of the blockchain seen from any bank to date. This post was made on the bank’s....
ABN Amro has begun a new blockchain pilot focused on real estate transactions. The Dutch bank said yesterday that it is working with IBM to develop a system in which buyers, sellers, brokers and regulators (among other parties) can share and record real estate transactions. According to ABN Amro, the proposed system would support connectivity with regulators such as the country's central bank and the Land Registry Office. In its announcement, ABN Amro suggested that the pilot could ultimately lead to new kinds of client-facing services. The bank said in a statement: “This latest pilot is....
Bitcoin's reputation, perception, and acceptance levels run the gamut worldwide. Acceptance in the U. S., China, and Australia is relatively strong. Some nations seek to suppress it through legislation and even ban it in places like Russia and Bangladesh. And if you have poor internet connectivity, you are destined to be on the outside looking in when it comes to the "Internet of Money." Now, a national survey of Great Britain's citizenry has been produced by the Digital Currency Council in the United States, in association with Reputation Leaders from the United Kingdom. This survey took....
Writing on the bank's official website, ABN AMRO Head of Innovation Arjan van Os, praises the blockchain technology behind Bitcoin in an article titled "The Next Big Thing." Dutch state-owned ABN AMRO Bank is a product of a long history of mergers and acquisitions that date to 1765, making it one of the oldest active banks. In 2007, ABN AMRO was the second-largest bank in the Netherlands and the eighth largest in Europe by assets. Then the bank was acquired by a consortium of international banks and eventually bailed out and nationalized by the Dutch government, which expressed intentions....