Infographic: Benefits of Blockchain in the Financial Services Industry

From tokenization to consortium networks, here’s an overview of how blockchain technology is improving operational efficiency and reducing risk in financial services.

Consensys
ConsenSys Media
2 min readMay 28, 2020

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Over the past few years, blockchain technology has been adopted by an increasing number of major financial institutions seeking to streamline business processes, launch trusted business networks, and create and manage digital assets. Here’s an overview of current pain points and inefficiencies in the financial services industry and how blockchain technology is saving and unlocking capital across use cases as wide-ranging as asset management and payment settlement. For a comprehensive introduction, visit blockchain in financial services.

“Blockchain is no longer a buzzword. Major governments, central banks, and financial powerhouses are seriously investing in blockchain business cases and recognizing that the tide is already turning.” –Joe Lubin, CEO of ConsenSys and Co-Founder of Ethereum

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Originally published at https://consensys.net.

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Consensys
ConsenSys Media

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