Blockchain technology in Indian financial services

Posted By : blockchaincommunity on 2022-05-21   23:57:41    India
  Blockchain Technology India


Blockchain technology is the bedrock of cryptocurrencies and has multiple other utilities and advantages in finance, record maintenance, payments, etc. While countries and banks worldwide have mixed perceptions about cryptocurrencies, they have started realizing that blockchain technology has proved advantageous to the financial sector. Blockchain technology can reduce infrastructure costs, improve security and data quality of transaction information, increase efficiency and faster settlement, and provide transaction transparency.

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