Blockchain technology bringing banking sector into new era
3 months ago Rajeev K Sharma 0
Blockchain has introduced new decentralized regime supporting transactions of all the major cryptocurrencies including Bitcoin, Ethereum. Cryptocurrencies are getting more popular throughout the world and their transactions are safe & secure.
Blockchain technology remains uncompromised, inexpensive and fast this technology no doubt will bring a revolution in banking sectors. However, lots of banks are working on developing their own cryptocurrency and some banks are working to adopt Blockchain in banking platform. This will reduce the time, labor cost and make banking systems free from Hackers.
The main advantage of blockchain technology is that that’s it can’t be controlled by any single entity and has no single point of failure. Its a kind of self-auditing ecosystem of a digital value. The whole network reconciles each transaction happens in every 10 minutes interval of time hence giving this a transparency and it can’t be corrupted.
Online transactions are closely connected to the processes of identity verification and it is easy to imagine that wallet app will transform in the coming years to include other types of identity management and online transactions are closely connected to the processes of identity verification. It is easy to imagine that wallet apps will transform in the coming years to include other types of identity management.
Bankera is going to become world first regulated cryptocurrency platform. Bankera is going to introduce a card just like other credit cards which banks issues but with Bankera cards customers have free use to spend their cryptocurrencies and the best part of it is that the card is attached to the same account with which one can invest, save, and spend at the same time.
SpectroCoin, which serves over 500,000 cryptocurrency users, who rely on its useful credit card, wallet, and equitable infrastructure.Bankera intends to lead the way with a disruptive solution that will overcome boundaries and barriers associated with the existing banking system throughout the world.