Blockchain is a decentralized public ledger that has numerous uses in the financial sector. Some of the many are:

 

  • International payments - Geographical limits do not exist when it comes to blockchain technology. This enables cross-border payments to take place seamlessly.
  • Stock exchange - With blockchain, the process of issuing shares and reaching investors is easier.
  • Trade - Blockchain technology allows tedious processes to be digitized, thereby simplifying them significantly.
  • Peer-to-peer transactions - Blockchain allows transactions to take place without the interruption of third parties.

Looking for solutions with Blockchain in the finance and accounting sector? Blockchain App Factory is a reputed company with skill and experience. They can guide you through the whole process and help you choose what is best for you.