THELOGICALINDIAN - Whoever said that banking institutions and Bitcoin cannot coexist is in for a huge shocker The better account from the Barclays Accelerator accident is that Safello has entered into a ProofofConcept PoC affiliation with the banking behemothic Barclays CEO and Cofounder of the Bitcoin startup Frank Schuil said
“Safello and Barclays will be alive calm on creating a new acquittal belvedere that will abutment bitcoins. The accord begins with a PoC balloon to acquiesce for donations to be beatific to charities application Bitcoins.”
Founded in 2013, Safello got called for Barclays Accelerator in March this year. Since ablution its Bitcoin exchange, the close has candy over $6 actor in affairs and serves added than 20,000 blessed users.
Barclays’ 13-week banking technology accelerator affairs has been a huge success. Of the 10 firms that were initially chosen, 7 are advertent extending their accord with the coffer as the accident concluded with a audience this week.
According to Finextra, Post Quantum has active a arrangement which will see an implementation of the cyber aegis firm’s technology at the bank. Virtual banal trading bold belvedere Stockfuse is in avant-garde talks to become an basic allotment of the bank’s alum application drive with a Global Market Insight Bold to be launched after this year.
Derek White, arch architecture and agenda officer, Barclays, says: “At Barclays, we’re all-embracing the agenda revolution, exploring innovations aboriginal on so that we can advice to appearance their development and co-create the approaching of banking casework with these startups.”
Inspired by the huge success of the fintech event, Barclays appear its intentions of active added Accelerator programs to accompany the best fintech startups to the forefront. The banking academy will bang off addition Barclays Accelerator accident in July, backed by astronomic abutment from its accomplice Techstars.
