NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Swiss Giant UBS Announces Bitcoin Technology Research Lab

NewsBTC
NewsBTC
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Swiss banking giant UBS has announced that it will research the technology behind the peer-to-peer network Bitcoin in order to explore how blockchain can be used in mainstream financial services.

The research lab will open this month at Canary Wharf-based fintech accelerator space Level39, which is a hub for fintech startups in London. UBS’s first investment in the blockchain research will bring together technology experts from the bank and the financial technology community, said UBS.

Apart from studying and experimenting with the blockchain technology, the lab members will strive to develop new disruptive technologies that will bring forth more efficient and cost-effective methods for the financial industry, said the bank.

Swiss Giant UBS Announces Bitcoin Technology Research Lab

With the UK government open to accepting Bitcoin and other cryptocurrencies, it makes pure sense that the research lab was opened in London. UBS is amongst the first banks to announce their dive into the blockchain technology.

UBS Group Chief Information Officer Oliver Bussmann had in October said that, “blockchain technology will not only change the way we do payments but will change the whole trading and settlement topic. Blockchain technology has the potential to trigger “massive” simplification of banking processes and cost structure.”

When asked about the lab, Bussmann commented: “Fostering an open and collaborative environment between banks, start-ups and the investor community is essential to ensure we focus on promoting synergies between us, accelerate innovation opportunities and create real value for the industry.”

With the Bitcoin ecosystem growing at a surreal pace, banks and financial institutions have taken a plunge in the industry when it is still in the initial stages. They hope to reform the payment processes and other financial transactions and bring forth more innovative blockchain-based solutions to make the processes easier, faster and, extremely cheap.

The Bitcoin industry will definitely get more competitive with an increased number of fintech companies, but maybe that’s the need of the hour.

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Top Crypto Exchange Guadagnano $172 Milioni Grazie al Token TRUMP

Un recente report ha rivelato che il memecoin ufficiale del Presidente degli Stati Uniti Donald Trump, chiamato TRUMP, ha ottenuto...

clararosati 59 minutes ago
bitcoin

Η ανοδική πορεία του Bitcoin ανοίγει τον δρόμο για επενδύσεις σε νεα κρυπτονομίσματα

Η συζήτηση για το μέλλον των επενδύσεων σε κρυπτονομίσματα έχει επιστρέψει δυναμικά, με τον γνωστό αναλυτή και υποστηρικτή των μετάλλων...

Ιωάννης Ριζόπουλος 1 hour ago
Bitcoin

TD Cowen Projects Bitcoin At $155K By Year-End, Raises Strategy’s Price Target

Global investment bank TD Cowen has recently revised its price target for Strategy’s (previously MicroStrategy) stock, MSTR, raising it from...

Ronaldo Marquez 1 hour ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

SHIBA INU

Shiba Inu burn rate stijgt met 2080% – de beste meme coin om nu te kopen?

Lars Diederiksen 21 minutes ago
krypto więzienie

Dwa lub więcej lat więzienia za nieautoryzowany handel krypto w tym europejskim kraju

newsbtc 25 minutes ago
Dogecoin price news

Dogecoin Poised For A Monster Rally Amid Brewing Altcoin Season

Jake Simmons 48 minutes ago

Premium Sponsors

Press Releases

  • Тези 3 монети под $1 могат да превърнат инвестиция от $200 в $2 милиона до 2027 година

    Тези 3 монети под $1 могат да...

    3 hours ago
  • Synthetic Darwin Introduces Breakthrough AI With Israeli...

    3 hours ago
  • Memecoins sao ativos inspirados na cultura digital

    Floki, SPX, Bonk Tăng 10% Giữa Cơn Sốt Meme Coin –...

    4 hours ago
  • Tieto 3 coiny pod 1 $ môžu premeniť investíciu 200 $ na 2 milióny do roku 2027.

    Tieto 3 coiny pod 1 $ môžu premeniť investíciu 200 $ na...

    4 hours ago
  • BTC Vượt $120K – Các Đồng Coin Tiềm Năng Nào...

    4 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.