Applications
Banking
Security and reliability for fintech applications
The banking sector is currently investing in blockchain and distributed ledgers technologies (DLTs) with the view of:
- reducing cost, time and complexity of the payment, clearing and settlement infrastructures;
- gaining competitiveness also through the adoption of new business models;
- secure data and transfer of digital assets.
Despite efforts to implement DLTs in the industry, the effective adoption of blockchain-based solutions is still slow at global level, mostly due to the difficulty in reconciling innovation and decentralization with security, confidentiality of data and law compliance. To overcome these hurdles, TrustedChain® leverages the highest technical standards required by the law for its node, providing the financial and banking sector with a trustworthy and reliable eco-system for blockchain applications.