The top-rated US company is closing the rivalry between bank and
fintech companies with blockchain, the revolutionary platform
underneath cryptocurrencies.
PALO
ALTO, Calif., July 2, 2022
/PRNewswire-PRWeb/ -- The rapid digital transformation across the
financial services domain brought competition for banking
corporations all across the world. HashCash Consultants, a global
frontrunner in blockchain development, aims to bridge the gap
between fostering collaboration instead of competition between the
two segments using cutting-edge white-label blockchain
innovation.
The fintech sector continues to push forward innovation across a
long-stagnant sector. However, they often suffer setbacks being
small startup enterprises. Banks and financial institutions may opt
for collaboration with these fintech providers or upgrade their own
infrastructure. Blockchain innovation has been an evolution
offering a chance to improve while keeping the existing
infrastructure.
HashCash CEO and noted blockchain pioneer Raj Chowdhury states,
"The BFSI sector is currently the biggest adopter of blockchain
innovation due to the scope it offers. While being essential for
crypto trading services, blockchain is also an integral step
towards digital finance transition."
Blockchain comprises Distributed Ledger Technology which
facilitates effortless sharing of transactional data all across the
network members in real-time. The process eliminates intermediaries
reducing operational costs. Its consensus mechanism also
authenticates data, while the smart contracts expedite transactions
without trust concerns. All things combined, blockchain can be used
to optimize payment processing, ACH solutions, digital ID systems,
and more.
"Blockchain is a significant force behind the global fintech
revolution. The technology is transforming the ecosystem with
transparency, security, and privacy-all key ingredients in the
fintech architecture," concluded Chowdhury, who had previously
voiced his views on crypto regulation and the role of crypto
literacy in preventing DeFi scams.
HashCash has been spearheading the digital transformation with
native blockchain-powered solutions for a wide range of
applications, including banking, financial services, supply chains,
corporate networks, and more. The company won top honors in
blockchain development from a global business research firm and had
deployed its products in more than 26 countries across 6
continents. HashCash has also announced the expansion and hiring
plans across India and
Dubai, along with discounts for
all its white label business products and solutions.
The disruption of digitization across financial services
requires adapting to the latest technical advancements for both
banks and the fintech sector. A collaboration between these two
domains can help enhance their sustainability. The sectors should
also utilize the blockchain to leverage the best growth
opportunities for their business.
- About HashCash Consultants:
HashCash is a global software company. HashCash Blockchain
products enable enterprises to move assets and settle payments
across borders in real-time for Remittances, Trade Finance, Payment
Processing, and more. HashCash runs a US-based digital asset
exchange, PayBito & digital asset payment processor,
BillBitcoins. HashCash offers white label crypto exchanges and
payment processor software solutions, ICO services, and customized
use cases. HashCash propels advancement in technology through
Blockchain1o1 programs and its investment arm, Satoshi Angels.
HashCash offers solutions in AI, Big Data, and IoT through its
platforms, products & services. HashCash solves the toughest
challenges by executing innovative digital transformation
strategies for clients around the world.
Media Contact
COLEEN F, Hashcash Digest, +14159662907,
coleen@hashcashdigest.info
SOURCE Hashcash Digest