Ethereum Smart Contract Development

Banking and payments

The blockchain is going to disrupt the banking industry the way the World Wide Web did the media industry. It is destroying regulations and compliances arising due to borders, as cryptocurrencies such as bitcoin and Ethereum are making cross border transactions in seconds, with substantially lower transfer fees. This is connecting the investors of developed countries to the innovators of developing countries. Banks such as Barclays are implementing blockchains to strengthen their operational capabilities. Banks are also seed-funding and investing in blockchain-based start-ups.