Blockchain in Banking | Osiz
Blockchain Technology For Banking
The banking industry, known for its diverse economic functions such as lending, trading, transaction settlement, and payment processing, faces challenges in adapting to the fast-evolving digital landscape. Despite its rich history and steady growth, the industry is struggling to keep pace with technological advancements. Many banking processes still depend heavily on paperwork, even with the introduction of advanced technologies. This reliance on outdated methods not only wastes time and resources but also poses significant security risks.