What Role Does Blockchain Play In Reshaping The Banking Industry?

Because cryptos are built on blockchain technology, blockchain’s popularity develops in tandem with crypto’s. Blockchain is a distributed ledger, which is available to the public and records transactions between two parties. Blockchain in banking promises increased security, privacy and transparency, all of which can help to resolve challenges in the traditional banking sector. Remember that cryptocurrencies are associated with a high degree of risk, so it goes without saying that you should do your homework before investing.

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