The global banking and financial services leader UniCredit has published a whitepaper towards the end of February that explains the blockchain technology and its potential applications in the banking framework, the Econotimes reports.
Titled “Blockchain Technology and Applications from a Financial Perspective’, the report has been authored by Matteo Biella and Vittorio Zinetti and comes months after UniCredit joined the R3 blockchain Consortium.
According to the paper, cryptocurrencies can be perceived as a threat from a financial institution’s point of view. However, the underlying blockchain technology has the potential of reshaping the current financial services technical infrastructure. read more here, https://www.onecoin.eu/signup/sailaway
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