[2015-04-02] wsj: UBS to Open Blockchain Research Lab in London

[LiteCoinGuy]

UBS to Open Blockchain Research Lab in London

Swiss banking giant UBS is to open a technology lab in London to explore how blockchain technology can be used in financial services.

The lab, set to open this month and occupy a dozen desks at Canary Wharf-based fintech accelerator space Level39 – a hub in London for financial technology startups– will bring together technology experts from the bank and the wider fintech community, UBS said.

http://blogs.wsj.com/digits/2015/04/02/ubs-to-open-blockchain-research-lab-in-london/

and:

http://de.reddit.com/r/Bitcoin/comments/316sdy/to_ibm_stop_this_blockchain_nonsense_it_will/

 

[unamis76]

Same old story. If you can't beat them, join them. They are seeing amazing tech growing in front of their eyes, and while we use it against , them want to find ways to use it in favor of them...

Good luck

[chmod755]

http://de.reddit.com/r/Bitcoin/comments/316sdy/to_ibm_stop_this_blockchain_nonsense_it_will/

Maybe they are talking 'Blockchain technology' to avoid a rally in Bitcoin price before they are heavily invested in Bitcoin.