Citi Returns as Title Sponsor for Consensus 2017

citi, bank

CoinDesk is delighted to welcome Citi back as a title sponsor for Consensus 2017, our third annual blockchain technology summit.

As one of the largest global banks with 205 years of industry expertise and operations in more than 160 countries and jurisdictions, Citi has taken a multi-disciplinary approach in working with blockchain technologies. Citi is exploring ways that blockchain technology can drive efficiencies, reduce costs and create new business models and markets.

Vanessa Colella, head of Citi Ventures and chief innovation officer at Citi, said of the sponsorship:

“Consensus provides a unique opportunity to bring together key cross-sector stakeholders who are building capabilities and exploring the possibilities of blockchain beyond bitcoin and P2P payments. Collaborating with and learning from others is critical to advancing this network technology.”

Citi was among the first financial institutions to explore digital currencies and blockchain, issuing early reports on the potential impact bitcoin could have on payment processors and experimenting with cross-border payments.

Citi is taking a strategic and incremental approach to understand both the opportunities and the risks that this disruptive new technology presents across its businesses. The focus includes identifying strategic, feasible and commercial use cases that leverage this

Read more ... source: CoinDesk

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