European Banks Finally Use Blockchain – European Tech Experts React

The news broke that a group of European banks has completed the first live blockchain-based financial trades across borders via their jointly developed we.trade blockchain platform.   Built on IBM’s Blockchain Platform and its Hyperledger Fabric technology, we.trade was established by Deutsche Bank, HSBC, KBC, Natixis, Nordea, Rabobank, Santander, Société Générale and UniCredit, in a bid to boost the efficiency of cross-border financial transactions.   This latest development evoked comment from leading projects leaders within the blockchain and cryptocurrency space, a number of which have already launched blockchain education initiatives…

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