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APPLICATIONS OF BLOCKCHAIN TECHNOLOGY TO BANKING AND FINANCIAL SECTOR IN INDIA

Overall, the PoC provided a good demonstration of the use-cases and helped to broaden the understanding of the technology and its potential to other real-life applications. BLOCKCHAIN, a seemingly unassuming data structure, and a suite of related protocols, have recently taken the worlds of Finance and Technology by storm through its groundbreaking application in the modern crypto-currency Bitcoin, and more so because of the disruptive innovations it promises. While Bitcoin has been the most talked about application of the Blockchain technology to date, new applications such as Smart Contracts have tried to exploit more abstract nature of the platform. In this , we explore Blockchain similarly – as White Paper an abstract data structure and development platform to solve generic problems in FinTech.

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SyCom Technologies

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APPLICATIONS OF BLOCKCHAIN TECHNOLOGY TO BANKING AND FINANCIAL SECTOR IN INDIA