Blockchain in the Financial Sector: two trends you need to know
Blockchain is a distributed digital ledger that is virtually impossible to hack. While the mainstreaming of cryptocurrency has been the most visible extension of this trend, with Pew Research reporting in late 2021 that 86% of all US adults had said they had some awareness of cryptocurrencies, it is also the most volatile.
As we will see in two emerging trends, blockchain stands to disrupt the finance sector in other ways, leveraging its wider potential to prevent fraud, manage risks, and streamline transactions.