Banking & Finance

Introduction

Blockchain technology provides a high level of safety in storing and transmitting data, open and transparent network infrastructure, decentralization and low cost of operations. These impressive characteristics make blockchain a really promising and in-demand solution, even in the extremely conservative and restricted bank industry.

Most credit and financial institutions cannot carry out their work without a number of mediators, while their participation make the services of these institutions much more expensive. The implementation of blockchain will enable unnecessary mediators to be abandoned and provide customers and banks with cheaper services.