The financial sector in particular is currently benefiting from the growing blockchain technology. Trading in securities should also run digitally in the future. The process of transferring securities goes through several processes and instances, making the process prone to error, costly and far too complex. Blockchain technology simplifies processes and breaks them down into a few building blocks. The elimination of some intermediate processes leads to a saving in expenses and costly risks and increases transparency. The attractiveness of trading in securities continues to grow and could have a positive effect on banks’ balance sheets in the future.
Leave A Comment
You must be logged in to post a comment.