Implementing Blockchain in AML helps overcome money laundering issues by tracking and monitoring transactions done by people regularly.
Implementing blockchain in banking helps banks improve the efficiency of their processes and bring transparency within the banking operations.
Implementing blockchain in health information exchange facilitates sharing of medical recordsin a seamless manner.
Financial institutes and government entities can use blockchain in financial services to build better systems. Trust, transparency and cost cutting are the impact areas of blockchain in finance.
Blockchain healthcare use cases: Blockchain in healthcare can solve issues of transparency, interoperability and EHR management.
Blockchain in Payments – Blockchain Payment Systems are basically a method of making payments in a decentralized way.