Blockchain in Finance
Blockchain technology is capable of transforming the way the world does business. Agile Blockchain Lab offers development services for enterprises in finance and investment industry.
What is Blockchain?
Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.
Blockchain for business uses a shared and immutable ledger that can only be accessed by members with permission. Network members control what information each organization or member may see, and what actions each can take. Blockchain is sometimes called a “trustless” network — not because business partners don’t trust each other, but because they don’t have to.
This trust is built on blockchain’s enhanced security, greater transparency, and instant traceability.
Fast Cross-border Transactions
Unlike centralized methods like bank-to-bank transfer that take days, Blockchain helps individuals make rapid international transactions in any fiat currency and even in cryptocurrency.
Better Transaction Details
Blockchain is an excellent method of tracking transactions and ensure accurate information regarding ownership and delivery, as well any problems that come up during the process.
Blockchain offers a cheaper solution for startups who cannot cooperate with traditional banks due to geographical restrictions, minimum balance requirements and high transaction fees.
Traditional finance has a loophole for many cases of fraud and human errors, but Blockchain helps ensure complete accuracy and confidentiality with the consensus mechanism.
Digital currencies are the new wave & Blockchain companies provide easy entry and a seamless exchange of the most popular cryptocurrencies as a banking alternative.
Gamification of financial services is great for finance brands to encourage better financial behaviors such as online savings, build trust, loyalty and capture an engaged audience.
What are some use cases of Blockchain in finance?
Blockchain can reform the finance and investment industry, providing faster, customer-centric services and independent from centralized institutions.
Why do you need Blockchain development outsourcing?
Outsourcing gives you full-cycle Blockchain development at a reasonable pricing and full customization. Instead of re-training your developers to build a Blockchain project, you can assemble a team of experts worldwide, from senior developers to business analysts and digital marketing experts.
Having started as an IT company in app and website development, we know exactly what it takes to deliver quality technology projects. As Blockchain technology develops, our company founders created Agile Blockchain Lab, with the vision to become the leading company in proprietary Blockchain development. We also like to share industry experiences and knowledge, aiming to become the home of talented individuals and powerful teams worldwide.
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What Our Clients Say
They’re very agile and able to use the technology you need to solve the problem, not the other way around.
Spencer Thomason - CEO, Clean Router
Agile Blockchain Lab engages in partnerships that span regions and sectors. The collaborative relationships focused on FinTech, RegTech and education build communities, facilitate industry adoption of blockchain technologies and produce breakthrough products and services.