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By Cecile LOSEKE, Consultant Manager, Square Management Belgique
The Blockchain shook the banking industry and contributed to the increase of big data in this sector. Indeed, one of the biggest advantages of the Blockchain is to allow any participant on the network to have a value-exchange interaction of crypto or any other digital assets with any other participant without relying on intermediaries. In banking and financial sectors, Blockchain shows potential to save costs through reduced transaction and processing costs but also the development of new financial services.
We’ve seen that the standardization of Blockchain industry solutions can eliminate friction in transactions, reduce back-end costs and labor hours and increase the number of...
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