Deep Tide TechFlow News, February 27, according to Bloomberg, citing sources familiar with the matter, Barclays Bank is consulting technology vendors about creating a blockchain platform to handle payments and other processes, exploring the application of digital asset technology in banking services. Barclays has sent out a Request for Information (RFI) to potential technology vendors to assess how to build new products, which may include stablecoins and tokenized deposits. The bank plans to select a vendor as early as April this year.
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Deep Tide TechFlow News, February 27, according to Bloomberg, citing sources familiar with the matter, Barclays Bank is consulting technology vendors about creating a blockchain platform to handle payments and other processes, exploring the application of digital asset technology in banking services. Barclays has sent out a Request for Information (RFI) to potential technology vendors to assess how to build new products, which may include stablecoins and tokenized deposits. The bank plans to select a vendor as early as April this year.