How could #blockchain technology transform the #banking/financial sector?
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Banking or the financial side keeps the economy of a country balanced and currently, it’s too complex! The existing system is having too much of loopholes as well as the system can be manipulated easily. Blockchain is perfect to replace the existing system and the limitations shall be thrown away in the air. Here, in this article, we’ll discuss how blockchain technology is going to transform the banking/financial industry.You might be aware of the present banking system and certainly, you have faced difficulties in it. But the term “blockchain technology” might be new to you, so, let us understand the basics first.How blockchain technology will reshape the banking / financial sector?What is blockchain technology?0Blockchain technology in simple words can be defined as a distributive ledger (...)