The Jerusalem Post reported that Intel has joined forces with The Floor, a fintech hub based at the Tel Aviv Stock Exchange, for this venture. The lab is being formed with the objective of identifying and developing technological innovations to upend and advance the global financial industry.
“Through this collaboration, Intel will be able to lead, alongside The Floor, the development of this field in Israel and to widen the influence of technology on the financial field, from the user to the cloud,” said Sharon Puterman-Zafrir, Intel Israel’s manager of IoT, as quoted by The Jerusalem Post.
She went on to say that Intel would demo its own technology at the lab and explore the ways in which it can collaborate with the hub’s entrepreneurs.
For more on this story visit the following link: Intel to focus on blockchain, IoT and more at new fintech innovation lab in Israel