Spanish Banks Settles Payments Using Smart Contracts 

Multinational banking giant Banco Santander along with Banco Sabadell, BBVA, Bankia and Caixabank have successfully completed a proof-of-concept test to enable the execution of #payments triggered by smart contracts in #blockchain networks within 2.5 sec

The proof-of-concept send a clear message to finance industry with goal to improve upon instant credit transfers.Using smart contracts in a blockchain environment can make process cheaper& more efficient @santander_es
@BBVA_espana @BancoSabadell @Bankia @Caixa @FinMinIndia #AKB