Which platform could gain its best use case from financial service industry?
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Blockchains is the platform that could gain its best use case from financial service industry.
Blockchain can be used in the following ways:
(i) Speeding up cross-border payments.
(ii) Simplifying cross-border payments.
(iii) Share Trading.
(iv) Making smart contract.
(v) Online identity management.
Blockchains is the platform that could gain its best use case from financial service industry.
Blockchain can be used in the following ways:
(i) Speeding up cross-border payments.
(ii) Simplifying cross-border payments.
(iii) Share Trading.
(iv) Making smart contract.
(v) Online identity management.
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Which platform could gain its best use case from financial service industry?
Answer:
“Blockchain” technology can be used as a best fit in the financial services industry.
It acts as a digitally distributed ledger of transactions with identical storage of information in the same network computers.
Blockchain technology is used to simplify and speedup cross-border payments, reinforce smart contracts, improve management of online identity, augment share trading credentials and provide rewards and loyalty reciprocity.
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