European Financial Entities to Adopt Blockchain for Warrant Issuance System

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According to a report by El Economista, eight major Europeans entities have collaborated on a Blockchain-powered technology project for recording the issuance of financial warrants.
The eight major European entities include Spanish securities regulator- The National Securities Market Commission, BME, and six banks that are Santander, BBVA, CaixaBank, BNP Paribas, Commerzbank and Société Générale. A PoC has been successfully completed by them, which has been named Fast Track Listing. The Fast Track Listing was created to cut down the time taken to register the issuance of warrants from a week to 48 hours (via).

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