Research Reports Research Reports

Blockchain Research on Banks: Strategic Analysis of Activities and Roadmap My Research Items

Blockchain
Price: $1500
Status: Available for download
Publish date: 1 Feb, 2016
SKU: RR90
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The report is a strategic analysis of various initiatives taken by banks to study and research on blockchain technology, such as investments in blockchain startups, in-house product/process development based on blockchain concept, workshops, contests and competitions based on blockchain technology innovation, patenting various blockchain use cases, etc. Financial institutions are also actively participating in groups focused on blockchain study and research areas at global and regional level. The year 2015 saw US$ 180 million investments in blockchain technology globally. Banks’ investment in blockchain is expected to reach US$ 400 million by 2019 from US$ 75 million in 2015.

 

Leading banks like Citibank, the Commonwealth Bank of Australia, Westpac Bank, Deutsche Bank and State Street have set up innovation labs to study and research applications of blockchain technology. Some banks like BBVA have hosted competitions for startups interested in blockchain technology. The Royal Bank of Scotland, JPMoragn, and BNY Mellon have introduced in-house pilot products/processes and applications to understand the reach of blockchain technology. Banks like Banco Santander, Wells Fargo, Citibank, Nomura and CIBC have invested in blockchain startups.

 

The report also talks about in-house developments by banks using blockchain technology, e.g., pilot projects or workshops etc. The report also highlights various investments and partnerships done by banks in blockchain startups.

 

Table of contents
  1. Overview
    • Summary: Blockchain in Banks
    • Blockchain Investments by Banks in 2015
  2. Blockchain Investments by each Bank
    • Technology spending focus areas
    • Interest in blockchain
    • Total investment plans for blockchain technology in 2016
    • Segments where the bank/group will use blockchain technology
    • Investments in blockchain startups
    • Partnerships related to blockchain
    • In-house development using blockchain technology and key people leading the blockchain initiative
    • Important quotes from senior executives of the bank/group related to blockchain technology
  3. Blockchain Roadmap for Banks

Available data for few banks: JP Morgan Chase (JPMC), Nomura, Wells Fargo, Societe Generale, Banco Santander, Toronto-Dominion Bank, Goldman Sachs, State Street, Citigroup, National Australia Bank, UBS, BNP Pribas, Barclays, Canadian Imperial Bank of Commerce (CIBC), Commonwealth Bank of Australia, ING Bank, Westpac Bank, Macquarie Bank, Bank of America, Mizuho Financial Bank, BNY Mellon, Nordea Bank, BBVA, UniCredit, Commerzbank, BMO Financial Group, Credit Suisse, Danske Bank, Deutsche Bank, Intesa Sanpaolo, HSBC, Natixis, Morgan Stanley, Northern Trust, Mitsubishi UFJ Financial Group, OP Financial Group, Sumitomo Mitsui Banking Corporation, Scotibank, Royal Bank of Scotland, US Bancorp.