BankingImmutable RecordDistributed LedgerHashApplicationThe 21st Century is all about technology. People are open to accepting new technologies as the need for modernization is increasing every single day. Blockchain is one of those new and revolutionary technologies that will have a significant impact ...
Blockchain technology is a core, underlying technology with promising application prospects in the banking industry. On one hand, the banking industry in China is facing the impact of interest rate liberalization and profit decline caused by the narrowing interest-rate spread. On the other hand, it...
Corporate banking—risk management, regulatory and reporting framework in India: a Blockchain application-based approachBank regulationsInformation asymmetryCorporate bankingBlockchainDistributed ledger technologyNon-performing assetsReporting frameworkRegTech
“Blockchain and retail banking: Making the connection,” June 7, 2019,Matt Higginson, Atakan Hilal, and Erman Yugac “Blockchain 2.0: What’s in store for the two ends—semiconductors (suppliers) and industrials (consumers)?,” January 18, 2019, Gaurav Batra, Rémy Olson, Shilpi Pathak,...
s the report, Blockchain application for domestic L/C transformed the traditional banking mode of L/C. By integrating issuance, notification, presentation, telex of the acceptance and payment and all the other aspects of the traditional L/C process into its system, the technology reduces transfer...
Conversely, you can have a private blockchain, a private network, which in an application like banking is probably much more culturally acceptable, in which you know who’s participating, who’s got access to data, who’s holding a copy of that database. Simon Lond...
While private blockchain introduces some form of centralization, business and organizations (e.g., in banking or health) may still prefer using it due to the speed of transactions and the degree of control over the nodes. Show moreView chapter Book 2020, Computational Intelligence and Its ...
Efforts should be made to promote the deep integration of blockchain with the real economy, so as to solve problems such as difficulties of financing for small and medium-sized enterprises, risk management in banking and government agency supervision, Xi added. ...
The respondent of the present study were actual business users who were using or implementing blockchain enabled application in banking sector. Around 63 banks (21 Private Sector Banks, 12 public sector banks, 30 foreign banks), fintechs, blockchain startups and IT companies were contacted telep...
Open banking brings both opportunities and challenges to banks all over the world especially in data management. A blockchain as a continuously growing list of records managed by a peer-to-peer network is widely used in various application scenarios; and it is commonly agreed that the blockchain...