The Wall Street Blockchain Alliance (WSBA), a non-profit trade association at the forefront of blockchain adoption in financial markets, has announced that addition of Dr. Julio Faura, Head of R&D for innovation initiatives at Banco Santander, to its Trade Association Board of Directors.

Having over 20 years of experience in financial markets to the Board, Faura is an acknowledged thought leader in the key areas of blockchain technology, e-commerce, and internet-based financial services.

“We are very privileged to have Julio join our Board. As a recognized expert on blockchain and innovation in financial markets, he will be instrumental in guiding the growth of WSBA and is a clear pioneer in the adoption of blockchain technology across the global financial landscape. We truly look forward to collaborating with Julio in the future,” Ron Quaranta, Chairman of the WSBA, stated.

Various financial institutions and organizations are joining the WSBA. Last month, WSBA added Canada-based developer of blockchain technology solutions Blockchain Intelligence Group (BIG) as its newest corporate member.

Dr. Faura will be joining the Board of Directors that already comprise of Executive Directors James Jalil, a member of the Thompson Hine Executive Committee; Christian Martin, Chairman & CEO of TeraExchange; Catherine Wood, founder of ARK Investment Management and the Chairman of Board Ron Quaranta.

“We are witnessing a rapid evolution of blockchain technology towards enterprise-grade readiness, unraveling the enormous possibilities of shared ledgers and smart contracts. I think it is now time to work collectively to better understand how this technology can effectively be used in a compliant and secure way. The goal is to advance the use of blockchain technology in order to offer customers services that are more efficient, faster and safer for numerous financial transactions,” Julio Faura mentioned.