Blockchain and DLT Software

Blockchain technology promises banks and insurance companies to enhance security, efficiency and transparency in a number of applications.

Blockchain is a distributed ledger technology for creating an immutable ledger of secure transactions, shared between different parties, without necessarily an intermediary or a central body.

The financial sector is particularly interested in the so-called DLT, Distributed Ledger Technology, a form of blockchain subject to a variety of controls.

These are the main applications of the blockchain in banking:

• transaction processing: national or cross-border payments, for example;
• asset management: records of financial activities, for example, for the benefit of transparency and security;
• Regulatory Compliance: Immutable records of suspicious terrorist financing or money laundering transactions to monitor activity in real time.

Here is the offer of blockchain solutions for banks and insurance companies on our platform.