Banking
Santander: Blockchain Tech Can Save Banks $20 Billion a Year
Blockchain tech could reduce banks' infrastructural costs by $15-20 billion a year by 2022, says a new report by Santander InnoVentures.

LHV Bank Develops Wallet App Built on Bitcoin’s Blockchain
Estonia’s LHV Bank has backed a project to create a financial services platform and money-transfer app that will utilize bitcoin.

BitMex Founder: Grexit Will Not Spark Bitcoin Surge
Bitcoin will not see a surge in Greece following this week's debt payment decision, BitMex's founder has said.

Australia's Commonwealth Bank Latest to Experiment With Ripple
Australia's Commonwealth Bank announced it would use Ripple technology at its subsidiaries, with a view to incorporating digital currencies in future.

The Value of Replicated, Shared Ledgers from First Principles
In this post, Richard G Brown develops an argument for replicated shared ledgers from first principles.

Bitcoin Exchange ItBit Seeks Bank License With Ex-FDIC Chair
Bitcoin exchange itBit has filed an application for a state banking license in New York, the NYDFS reports.

Santander InnoVentures Chief on Blockchain Tech's 'Bigger Picture'
Mariano Belinky, managing director of Santander InnoVentures discusses whether distributed ledgers have the potential to transform banking.

Bitcoin and Blockchain Up for Debate at FutureMoney Conference
Bitcoin’s consumer appeal and the technical promise of distributed ledgers were hotly debated topics during yesterday's FutureMoney event.

JPMorgan CEO: We Can Learn From Technologies Like Bitcoin
Jamie Dimon, chairman and president of JP Morgan Chase, says his bank can learn from disruptive payment systems like bitcoin.
