Blockchain: agreement between CDP and IBM

Blockchain: agreement between CDP and IBM

CDP signs an agreement with IBM to study the most effective applications of blockchain in the financial world

Rome, 25 June 2019 

The introduction of blockchain technology is set to revolutionise the financial sector with its potential for innovation: to this end Cassa Depositi e Prestiti and IBM have signed a memorandum of understanding aimed at carrying out a study on the impact and potential applications of blockchain technology in the financial world.

The study will be carried out with the involvement of SIA, a leading Italian company in digital payment services and infrastructure, and will also include a possible collaboration with other primary stakeholders. The publication will make a White Paper available to all actors in the financial world and in the credit and payment chain which will identify potential economic areas capable of promoting growth through the use of new technology.

The initiative of CDP and IBM aims to stimulate the interest of operators, agencies and institutions, to which it will be presented in scheduled meetings and debates up until December 2019, for the benefit of the market and sustainable growth of our country.