Barclays is in talks with technology providers about the creation of a blockchain platform for payments and deposits, according to Bloomberg. The UK-based bank is exploring the creation of a platform that could be used for stablecoins and tokenisation, says Bloomberg, citing sources.
The UK based lender has approached potential technology suppliers by sending them a request for information and could pick partners as soon as April.
Barclays would be following in the footsteps of JPMorgan Chase, which has created JPM Coin, the first bank-issued USD-denominated deposit token.
The token is designed to provide institutional clients with the ability to make payments using a digital representation of JP Morgan USD deposits on a public distributed ledger.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
