The Blockchain Technology...

The Blockchain technology – previously used in digital currencies such as Bitcoin – has certainly caused a storm in the world of finance and banking (or, more simply, FinTech). Innovative start-ups are already applying this technology to cut down the cost of transferring money. Big investment funds, alongside major banking giants, are investing hundreds of millions in such breakthrough projects. The perfect example of how this is changing the banking industry is the announcement that 22 major banks are joining a consortium to form a common framework for using blockchain technology (the R3 blockchain consortium).
https://www.rs-online.com/designspark/when-the-blockchain-technology-meets-the-internet-of-things