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Showing posts with the label Blockchain In Banking

Learn How Blockchain is Transforming Banking Industry

Blockchain technology is also known as decentralized, distributed ledger has gained greater visibility over the last few years. According to reports, it will create great value in every sector in the upcoming years. Already many banks and startups have started investing in Blockchain technology. Making use of the advantages of distributed ledger technology several banks have conjointly launched first ever blockchain linked loan system in India. This enables transparency among banks. So if you are a Banking or Financial Startup interested in cashing on the potential value of Blockchain technology, here is how it can be done for your business. Blockchain in Banking Speeding Up Payment Transactions Nowadays everyone is using digital Payments for sending money from one to another. But it has a lot of processes involved from intercessor financial organizations like clearinghouses, regulators and other banks to clear the payment to the receiver which actually slows d...