Blockchain in Banking | Blockchain transforming Banks

Have you been into banking and investing over the past few years? Perhaps, you might be familiar with the term blockchain. Yes, it is the distributed ledger technology, which facilitates the process of recording transactions and tracking assets in any business network. Its advanced features like transparency, immutability and decentralization have been beneficial to all industries globally.

Right from cryptocurrencies, blockchain technology has created a hype and stepped far beyond rather than just powering bitcoin or ether transactions. The transparent secured nature of blockchain is the sole reason for its adoption into various industries for growth and development. Then, how banking sector will alone be an exception to this scenario?

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