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BNP Paribas Lab to Focus on Distributed Ledgers
BNP Paribas Securities Services has announced a new innovation lab that will focus on big data and distributed ledger tech.
BNP Paribas Securities Services, a subsidiary of French bank BNP Paribas, has announced a new innovation lab that will focus on big data and distributed ledger tech.
The bank said that the lab will seek to build solutions for data management and visualization, as well as tools that help clients manage cash and liquidity requirements.
STORY CONTINUES BELOW
The move comes amid a time of heightened interest in blockchain and distributed ledgers at BNP Paribas, following news it had begun work on a blockchain crowdfunding platform and a post-trade system for small businesses.
Pete Rizzo
Pete Rizzo was CoinDesk's editor-in-chief until September 2019. Prior to joining CoinDesk in 2013, he was an editor at payments news source PYMNTS.com.
