Despite an initial skepticism, major financial institutions are beginning to become more public with their interest in bitcoin and the blockchain.
Santander's head of research and development and innovation will speak about the Spanish megabank's work with blockchain tech at Consensus 2015.
Blockchain tech could reduce banks' infrastructural costs by $15-20 billion a year by 2022, says a new report by Santander InnoVentures.
Mariano Belinky, managing director of Santander InnoVentures discusses whether distributed ledgers have the potential to transform banking.
Santander has commissioned a study investigating the potential impact of bitcoin and other cryptocurrencies on the banking sector.