Recent Blockchain developments in the finance business

In November 2017 the American credit card company American Express announced a partnership with the US cryptocurrency Ripple and the Spanish Banco Santander. One of many projects in the finance sector which have been successfully started by the third largest player in the blockchain world. Also investors who are interested will be able to rely on an entire stock index of companies involved in blockchain. More specifically - the "Solactive Blockchain Technology Performance Index" includes those companies that have significant economic exposure to blockchain – all together 20 members, mainly from the US. However, Europe is catching up – for example the Mahrberg Fonds (based in Liechtenstein) is increasingly focusing on blockchain-based technologies. Even Austrian big players in the finance sector like RBI (Crypto Future already reported) are in the process of discovering the blockchain for their businesses.

(CF ed. / Die Presse)

 

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