From tokenization to consortium networks, here’s an overview of how blockchain technology is improving operational efficiency and reducing risk in financial services.
Over the past few years, blockchain technology has been adopted by an increasing number of major financial institutions seeking to streamline business processes, launch trusted business networks, and create and manage digital assets. Here’s an overview of current pain points and inefficiencies in the financial services industry and how blockchain technology is saving and unlocking capital across use cases as wide-ranging as asset management and payment settlement. For a comprehensive introduction, visit blockchain in financial services.
“Blockchain is no longer a buzzword. Major governments, central banks, and financial powerhouses are seriously investing in blockchain business cases and recognizing that the tide is already turning.” –Joe Lubin, CEO of ConsenSys and Co-Founder of Ethereum
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Originally published at https://consensys.net.
Infographic: Benefits of Blockchain in the Financial Services Industry was originally published in ConsenSys Media on Medium, where people are continuing the conversation by highlighting and responding to this story.