Rabobank Synergy with Nexuslab eyes Blockchain Payments Technology
Posted: Sun Apr 24, 2016 5:43 pm
Rabobank, the Netherlands-based financial institution which provides investment banking services including institutional foreign exchange and related asset classes to international clients, today announced a synergy with Nexuslab – part of Nexussquared based in Zurich – for its blockchain startup program which was launched yesterday, in collaboration with Startupbootcamp FinTech.
Rabobank is looking at blockchain technology as applicable for four fields, namely, international payments, micropayments via the Internet of Things (IoT), conditional payments, and smart contracts. It will leverage these as part of the new synergy, according to the bank’s press release.
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