Santander

From CryptoWiki

Basics

  • "Santander is one of the top five financial brands in the world. Since it was founded in 1857, the Santander Group has become a group of leading banks in the United Kingdom, continental Europe and Latin America."
  • From Forbes Blockchain 50 (Apr 16, 2019):

"The Spanish banking giant made headlines last year when it allowed its investors to vote at its annual meeting via the blockchain. A year ago, Santander launched mobile app One Pay FX, a foreign exchange service using RippleNet, that enables individuals to transfer money to other individuals in a foreign country in less than a day. Full profile"

"Best known in crypto for its work using Ripple’s payment system to build a cross-border payments app, this Spanish banking giant broke new blockchain ground in September 2019 when it issued a $20 million bond on the public ethereum blockchain. The 1.98% bond was notable in that it showed how traditional securities could instantly trade in secondary markets if counterparties used a shared, public blockchain, instead of the three days in typically takes."

 Money Links

  • ConsenSys has collaborated with Santander Bank to develop a cash tokenization utility and real-time payment system for domestic and international payments on Ethereum. Payments are cleared, settled, and disbursed in 10–15 seconds.
  • In September 2019: "$20M. The size of the bond that Santander settled on the public Ethereum blockchain."
  • Invested in Ripple and uses RippleNet
  • Builts on/uses Hyperledger Fabric and Ethereum (19-2-2020)
  • One of the sponsors (3-10-2019) of Hyperledger Avalon.
  • Backing Blockchain in Europe, an initiative partly create by Ripple
  • Participated in a $64,5M fund raise for Fnality, the company behind USC.

Employees

Former Employees

  • Julio Faura, Santander's former blockchain lead, now co-founder Adhara which now works together with USC (see below)

Other links