Banco Santander Successfully Completes ‘First Practical’ Blockchain Investor Voting Pilot

One of the largest banks in Europe, Spain-headquartered Santander has become the first company to use blockchain technology for investor voting, it announced May 17.

The second blockchain-related first for Santander in just over a month, the bank partnered with US electronic data processing services company Broadridge Financial Solutions to facilitate an investor ballot at its annual general meeting March 23.

JPMorgan and Northern Trust participated as custodian banks, an accompanying press release confirmed, along with Santander’s dedicated Blockchain Lab.

 

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