The concept of blockchain has energized the financial services industry globally. The interest of financial institutions on blockchain is quite evident considering that Santander Bank has identified 20 to 25 use cases for the technology. The bank also estimated that the usage of blockchain by banks can reduce the infrastructure cost by up to $20 billion a year. Other banks such as UBS have set up a blockchain research lab in London, Goldman Sachs has invested in bitcoin startup Circle and NASDAQ is also experimenting with the technology.

http://letstalkpayments.com/blockchain-use-cases-comprehensive-analysis-startups-invoved/?utm_content=buffere9b93&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer