Blockchain, the technology behind Bitcoin, has the potential to transform business models by enabling processes that are not only faster and more efficient but also more transparent and secure – all while enhancing information access and data integrity. It’s no wonder, then, that financial institutions are exploring its potential to improve service, lower costs, increase efficiency, and reduce risk.
With the technology’s evolution still in the early stages, each organization must understand blockchain’s potential, its challenges, and the near-term opportunities it creates.
