Barclays is one of dozens of financial institutions exploring opportunities in blockchain technology. According to Derek White, Barclays’s chief design and digital officer, “technologies like the blockchain are going to reshape our industry.” White is building an open innovation platform that will allow the bank to engage a wide array of builders and thinkers in this industry. “We’re keen to be shapers. But we’re also keen to connect with the shapers of the technologies and the translators of those technologies,” he said.34 Barclays is putting its money where its mouth is, cutting tens of
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