Blockchain Explained, Transactions and Trust in the Digital Age
One of the biggest buzzwords in the financial services and FinTech sectors, blockchain remains largely misunderstood. Many associate the tech only with Bitcoin, but it has the potential to disrupt the entire banking and finance sector. To embark on the transition from traditional banking to cutting-edge technology, you must understand what blockchain is, how it works, and what it has to offer.
This infographic explains the principles of blockchain, cryptocurrencies, and how distributed ledger technology (DLT) completes and stores transactions with the benefits of:
- Decentralization
- Security
- Transparency
- Lower Costs