HashCash builds a bridge between banking and fintech with White Label Blockchain solutions
HashCash Bridges Banking and Fintech
The BFSI sector is currently the largest user of blockchain innovation due to the scope it offers. Although blockchain is crucial for crypto-trading services, blockchain is also an integrated step towards the digital financial transition.
PALO ALTO, California (PRWEB)
July 2, 2022
The rapid digital transformation across the financial services domain led to competition for banking companies around the world. HashCash Consultants, a global pioneer in blockchain development, aims to bridge the gap between promoting collaboration rather than competition between the two segments by using groundbreaking white-label blockchain innovation.
The Fintech sector continues to push innovation across a sector that has long stood still. However, they often get setbacks as small start-ups. Banks and financial institutions can choose to work with these fintech providers or upgrade their own infrastructure. Blockchain innovation has been a development that provides a chance to improve while maintaining the existing infrastructure.
HashCash CEO and renowned blockchain pioneer Raj Chowdhury states: “The BFSI sector is currently the largest user of blockchain innovation because of the scope it offers. Although blockchain is crucial for crypto trading services, blockchain is also an integrated step towards digital finance . ยป
Blockchain includes distributed Ledger technology that enables effortless sharing of transaction data across network members in real time. The process eliminates intermediaries that reduce operating costs. Its consensus mechanism also authenticates data, while smart contracts speed up transactions without trust concerns. All in all, 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. Technology is transforming the ecosystem with openness, security and privacy – all key ingredients in the fintech architecture,” concluded Chowdhury, who had previously expressed his views on cryptoregulation and the role of crypto-expertise in prevent DeFi fraud.
HashCash has spearheaded the digital transformation with native blockchain-driven solutions for a wide range of applications, including banking, financial services, supply chains, corporate networks and more. The company won top blockchain development awards from a global business research firm and had distributed its products in more than 26 countries on 6 continents. HashCash has also announced expansion and hiring plans across India and Dubai, along with discounts for all of its white label products and solutions.
The disruption of digitalisation across financial services requires adaptation to the latest technical advances for both banks and the fintech sector. A collaboration between these two domains can help increase their sustainability. The sectors should also use the blockchain to take advantage of the best growth opportunities for their business.
- About HashCash Consultants:
HashCash is a global software company. HashCash Blockchain products enable companies to move assets and settle cross-border payments in real time for money transfers, trade financing, payment processing and more. HashCash operates a US-based digital asset exchange, PayBito, and digital asset payment processor, BillBitcoins. HashCash offers white label crypto exchanges and software solutions for payment processors, ICO services and custom applications. HashCash is advancing technology through Blockchain1o1 applications and the Satoshi Angels investment arm. HashCash offers solutions within AI, Big Data and IoT through its platforms, products and services. HashCash solves the toughest challenges by implementing innovative digital transformation strategies for customers around the world.
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