This open-source blockchain platform has made its way into different sectors of the economy and aims to become the blockchain technology standard in the world of business. BBVA is an official member of the Hyperledger consortium and has used its technological platform to manage blockchain-powered corporate loans.
Twenty-six young people have joined the ‘Young Professionals Data’ in Spain and Argentina program, a BBVA initiative to recruit and develop the best talent in advanced analytics. The selection process to take on another 21 young people in Mexico has started and in the following months Colombia, Peru the U.S. and Turkey will join the project.
BBVA backed digital banking platform Simple is shaking up the U.S. savings market by introducing a sector leading rate for consumers.
Some companies are now working to incorporate blockchain technology into smartphones. A cell phone that incorporates these characteristics could become the most secure on the market. This would be possible thanks to blockchain's intrinsic security provisions.
BBVA has launched a new service for startups looking to work with the bank, which matches up expertise with needs across the business.
Developments in the U.S. fintech world reached the federal level this week (more so than usual).
For the first time in Spain, BBVA will allow products contracted by customers with other banking institutions to be added to its mobile banking app. The information will be included in Bconomy, the tool that examines the income and spending of users to provide an analysis of their financial health and a more complete view of the state of their finances.
The tools known as cryptowallets allow the storage and exchange of cryptocurrencies, and are becoming increasingly relevant in the context of the cryptoeconomy and blockchain boom. It is important to recognize their characteristics and differences, as not all offer the same levels of security.