SEB: Blockchain Could Make Banks ‘Radically More Efficient’

By September 30, 2015Bitcoin Business

SEB, bank Skandinaviska Enskilda Banken (SEB), a Stockholm-based financial services firm with 1.7bn SEK ($202m) in assets under management, announced yesterday that it was among 13 major banks that had joined the top-secret work underway at R3CEV.

Since R3 unveiled its mission this summer, the distributed ledger tech startup has so far signed on 22 banking partners to the project, all of whom are now participating in its bid to create a blockchain-based "Global Fabric […]

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