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HomeNewsBryan Glick: RBS to pilot product based on blockchain technology in 2016

Bryan Glick: RBS to pilot product based on blockchain technology in 2016

Computerweekly.com Editor in chief Bryan Glick was in Singapore to cover the Sibos financial services conference.

Royal Bank of Scotland (RBS) is aiming to pilot a service based on blockchain technology in 2016. The move would make RBS one of the first major banks to offer a product based on the emerging technology that many experts predict will radically disrupt the way the banking sector operates.

RBS would not provide details of the likely service due to the commercial sensitivity of the project, but John Lyons, head of strategy and commercial services for RBS’s payments business suggested it is “on the fringes of payments” and said the bank would be ready to demonstrate the technology in early 2016.

Read more here.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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