Intesa Sanpaolo looks to the Blockchain

The experience of Intesa Sanpaolo in the blockchain began five years ago, and the Group expects important results from this area within the coming years. In fact, the blockchain is a form of technology that immediately caught the attention of the financial sector - among others - as it promises to guarantee the transparency and inalterability of traded information and goods, thus permitting greater simplification and efficiency in the launch of new business models and services. When talking about this technology, however, one needs to distinguish between public and private blockchains: the former are open to everyone and thus anyone can create and validate transactions; the latter, on the other hand, are networks where only identified, authorised actors may be allowed to take part in trading.