January 2020
Intermediate to advanced
530 pages
11h 11m
English
Content preview from Blockchain Development for Finance Projects
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Corporate Remittances and Settlement
This chapter looks at leveraging blockchain to enable domestic and international remittances for corporate payments. Corporate payments require the exchange of documents and information about the transacting parties for compliance purposes. They are also prone to more cases of fraud and illegal activities when compared to retail remittances (payments between individuals or from a business to an individual). As such, blockchain technology is perfect for enabling such payments. It can enable banks and financial organizations to exchange compliance and Anti-Money Laundering (AML) information about the remittance request and the transacting parties in real time. It maintains an immutable and auditable log ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.