2018-6-30 00:01 |
Seventy-seven percent of Fintech companies expect to adopt blockchain technology as part of an in-house production system or process by 2020.
The technology that has powered the world’s cryptocurrency explosion can also speed up many traditional financial transactions and make common processes more efficient and secure.
One of the most promising use cases for blockchain technology in financial institutions today is cross-border payments.
Blockchain in FinTech
While many financial services and FinTech companies are interested in blockchain technology, most do not have the internal expertise to implement it.
The finance industry is fast-moving and high-tech and only those companies which can solve the most pressing problems, such as the speed and security of financial transactions, will prosper.
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