ISN 7 NEWS 06
Isn’t it high time for the banks to adopt Blockchain Technology? | Bitcoin | VARINDIA News Hour
Isn’t it high time for the banks to adopt Blockchain Technology? | Bitcoin | VARINDIA News Hour
#Blockchaintechnology can disrupt traditional banking systems and it is evident that blockchain technology is "transformative" and is experimenting with it both internally and via partnerships with start-ups to use it as it relates to financial services. However, when it comes to blockchain in banking, the efforts have been fairly side-lined. Blockchain technology in banking revolutionizes the system by building a decentralized database of digital and unique assets. Through a distributed ledger, it becomes easier to transfer the assets through tokens that represent the assets “off-chain”. The benefits of blockchain in banking work around the creation of tokenized security that carries the potential of cutting out the middlemen altogether and lowering the asset exchange fees. The use of blockchain in banking can be seen across a range of processes. Blockchain acts as a decentralized ledger that keeps a track of the transactions transparently and publicly. It means that instead of relying on custodial services, the transactions can be settled in the public blockchain. This is one of the key ways blockchain applications in banking make transactions speedy and simplified.
Blockchain has the potential to allow banks to settle transactions directly and keep better track of them than traditional methods such as SWIFT. A standard bank transfer takes a few days to settle due to the way our financial system was set up. Blockchain in consumer banking opens up the scope of peer-to-peer loans – one of the most investment-friendly fintech sectors. When it comes to transporting money throughout the world, many banks confront logistical hurdles. Moreover, when a consumer has to apply for a loan, the banks evaluate the risk they will have to suffer in case of non-payment. They take this decision by looking at the credit score, ownership status, and the debt-to-ಇಂದ VARINDIA| 94 ವೀಕ್ಷಣೆ
Isn’t it high time for the banks to adopt Blockchain Technology? | Bitcoin | VARINDIA News Hour
Isn’t it high time for the banks to adopt Blockchain Technology? | Bitcoin | VARINDIA News Hour
#Blockchaintechnology can disrupt traditional banking systems and it is evident that blockchain technology is "transformative" and is experimenting with it both internally and via partnerships with start-ups to use it as it relates to financial services. However, when it comes to blockchain in banking, the efforts have been fairly side-lined. Blockchain technology in banking revolutionizes the system by building a decentralized database of digital and unique assets. Through a distributed ledger, it becomes easier to transfer the assets through tokens that represent the assets “off-chain”. The benefits of blockchain in banking work around the creation of tokenized security that carries the potential of cutting out the middlemen altogether and lowering the asset exchange fees. The use of blockchain in banking can be seen across a range of processes. Blockchain acts as a decentralized ledger that keeps a track of the transactions transparently and publicly. It means that instead of relying on custodial services, the transactions can be settled in the public blockchain. This is one of the key ways blockchain applications in banking make transactions speedy and simplified.
Blockchain has the potential to allow banks to settle transactions directly and keep better track of them than traditional methods such as SWIFT. A standard bank transfer takes a few days to settle due to the way our financial system was set up. Blockchain in consumer banking opens up the scope of peer-to-peer loans – one of the most investment-friendly fintech sectors. When it comes to transporting money throughout the world, many banks confront logistical hurdles. Moreover, when a consumer has to apply for a loan, the banks evaluate the risk they will have to suffer in case of non-payment. They take this decision by looking at the credit score, ownership status, and the debt-to-ಇಂದ VARINDIA| 94 ವೀಕ್ಷಣೆ
Isn7.in
Copy of holi wishes 2023 #isn7 #hindinews #live
holi wishes 2023
Copy of holi wishes 2023 #isn7 #hindinews #liveಇಂದ Isn7.in| 46 ವೀಕ್ಷಣೆ
कावरियो का मनमोहक डांस देखे bhole dance
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कावरियो का मनमोहक डांस देखे bhole danceಇಂದ Isn7.in| 35 ವೀಕ್ಷಣೆ
Govt./PSU
CII Celebrates India@75 - India's IT Journey@75
#DYK India is the largest #Software exporter in the world? As India completes #75yearsofIndependence, let's look at the country's IT journey over the last 75yrs.
#IndiaAt75 #HarGharTiranga #AmritMahotsav #CIICelebratesIndiaat75
CII Celebrates India@75 - India's IT Journey@75ಇಂದ CII| 233149 ವೀಕ್ಷಣೆ
India observes Independence Day with patriotic fervour
Prime Minister Narendra Modi
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India observes Independence Day with patriotic fervourಇಂದ PMOfficeIndia| 255295 ವೀಕ್ಷಣೆ
Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM
Mr Bhupesh Baghel, CM, Chhattisgarh in conversation with Dr Jyotsna Suri, Past President, FICCI at #FICCIAGM.
#FICCI #IndianEconomy #Economy #India
Watch Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM With HD Qualityಇಂದ FICCI India| 638437 ವೀಕ್ಷಣೆ
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
Watch अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की With HD Qualityಇಂದ P P Chaudhary| 3802054 ವೀಕ್ಷಣೆ
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)ಇಂದ Ministry of External Affairs, India| 195838 ವೀಕ್ಷಣೆ
My interview with Jan Man India
Here is my interview with Shri Sudhir Raval on Jan Man India Channel.
Watch My interview with Jan Man India With HD Qualityಇಂದ Mansukh Mandaviya| 820741 ವೀಕ್ಷಣೆ
ಟ್ರೆಂಡಿಂಗ್ ಈಗ
Daily Mirror
Delhi Airport पर बड़ा हादसा, मूसलाधार बारिश से टर्मिनल-1 की छत गिरी, 6 लोग घायल
Delhi Airport पर बड़ा हादसा, मूसलाधार बारिश से टर्मिनल-1 की छत गिरी, कई कारें आई चपेट में, 6 लोग घायल
#delhiairport #terminal1 #delhiairportroofcollapse #delhirainfall #delhirain #rainindelhi #jantatv
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Assam | दो हजार करोड़ की लागत से बना गुवाहाटी हवाई अड्डे का नया टर्मिनल,अप्रैल 2025 में खुलेगा
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Assam | दो हजार करोड़ की लागत से बना गुवाहाटी हवाई अड्डे का नया टर्मिनल,अप्रैल 2025 में खुलेगाಇಂದ JANTV RAJASTHAN| 1863 ವೀಕ್ಷಣೆ
CM पद को लेकर महाराष्ट्र में भिड़े BJP-Eknath Shinde और Ajit Pawar, टूटेगा NDA | PM modi | #dblive
CM पद को लेकर महाराष्ट्र में भिड़े BJP-Eknath Shinde और Ajit Pawar, टूटेगा NDA | PM modi | #dblive
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Hemant Soren Bail News: हेमंत सोरेन को Jharkhand High Court से मिली बड़ी राहत, मंजूर हुई जमानत
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Hemant Soren Bail News: हेमंत सोरेन को Jharkhand High Court से मिली बड़ी राहत, मंजूर हुई जमानतಇಂದ PunjabKesari TV| 7237 ವೀಕ್ಷಣೆ
Rahul Gandhi On Neet: ‘सदन में पहले हो NEET पर चर्चा’ | Parliament Session | Congress | Paper Leak
सदन में पहले हो NEET पर चर्चा
NEET पर पहले होनी चाहिए बहस
NEET मामले पर चर्चा जरूरी
छात्र हैं देश के भविष्य
संसद के सत्र का आज पांचवां दिन
सत्र में NEET पर हंगामें का आसार
#NeetScam #RahulGandhi #ParliamentSession #LatestNews
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Rahul Gandhi On Neet: ‘सदन में पहले हो NEET पर चर्चा’ | Parliament Session | Congress | Paper Leakಇಂದ PunjabKesari TV| 1831 ವೀಕ್ಷಣೆ