This network is currently in the testing phase, and includes nodes from seven of Spain’s major banks. The network was designed to facilitate the creation of banking services which can be used on distributed ledger technology (DLT) or blockchain networks. They are currently using it in Spanish commercial real estate valuation. In some way, blockchain is used by 11% of businesses. The report further highlights that a sizeable portion of that number is large businesses, which account for 46% of all companies. Explaining Blockchain to a Hundred Colombian Bankers. A private interbank blockchain network called red-i was also launched as part of the POC. According to them, they can use this tool in construction and financing the real estate sector and even sell and rent properties. In Terrible Spanish | Part 1. DLT is used by about 46% of large Spanish companies to improve security. BrainerZ. The initiative was launched by Blockchain Observatory media company and Tutellus educational platform specialized in the blockchain. Ten Spanish companies join forces to promote digital identity using blockchain technology • They will be launching a solution which will give the user a single self-managed digital identity, in a secure reliable environment, to make it easier to fill in forms automatically to take up services, among other uses. Blockchain.com is the most popular place to securely buy, store, and trade Bitcoin, Ethereum, and other top cryptocurrencies. When compared to 1.5 years earlier, this percentage increased by 1%. Iberpay which operates Spain’s national payments network ran a Proof of Concept (PoC) for blockchain-based smart payments with five Spanish banks, Banco Sabadell, Santander, Bankia, BBVA and CaixaBank.It defined smart payments as those triggered by a smart contract. Mainly the initiative came from JLL Japan. Westfield; Westfield is using blockchain for real estate bank guarantees. The 350 Deputies of the Spanish Congress recently obtained one-euro (1€) value of Bitcoin. A group of Spanish companies, including banks and energy firms, is working to develop a “self-managed” digital identity system using blockchain technology. A recent report by IDC, a business consulting firm, revealed that 11% of Spanish businesses now adopt blockchain technology in one form or the other. Just 17% of transportation companies use this technology. A total of 10 leading Spanish companies are working together to develop a self-managed digital identity model with Blockchain technology, which will bring Spain to the fore in this kind of development. Investing in Blockchain technology is an inevitable fact that underlines the power that this technology has to solve traditional problems in the financial sector. In addition to security, blockchain is in high demand in the logistics industry. 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