Want to see 5 blockchain examples for the finance industry? Since blockchain will arguably make the biggest mark in financial services, this is an important topic. Let’s explore it in detail.
In this article
- Blockchain examples for financial use cases
- Regulatory landscape: The impact of mass adoption of blockchain in financial services
- Plan well when you build blockchain financial services applications
- Frequently Asked Questions on Blockchain Examples in Finance
Where is blockchain used in real life? There are a number of key areas where companies can use blockchain in financial software and systems. While banks are reluctant to openly discuss potential uses of blockchain, a number of them have been exploring opportunities to identify exactly where they can. These included Citibank, Credit Suisse, and JP Morgan.
Blockchain examples for financial use cases
Payments
Blockchain technology using digital currency could be used in both domestic and international fund transfers. While on the domestic front banks are likely to resist implementing blockchain solutions, given that they have already invested heavily …