Blockchain is the technology most likely to transform industry in the next decade and will also be beneficial in developing the business process of the next generation. Blockchain is simply a distributed ledger of documents, the infrastructure behind digital currencies such as Bitcoin. Blockchain will genuinely disrupt various industries and make processes more self-governing, stable, transparent and well-organized. Blockchain provides the potential to solve some of the biggest problems and pain points faced by the financial industry for several years.

Blockchain can be, and can also go beyond, the future of financial services. Finance is all about confidence: financial institutions have developed to make transactions with strangers, in essence. Blockchain is a huge, global distributed ledger or database running on millions of devices at its most simple, where it is possible to safely and privately store not only information but everything of value like money, headings, acts, sculptur

Do you know that the fastest-growing sector across the globe is FinTech? Still puzzled? Then go through the latest report from NASSCOM that has revealed a mind-blowing fact about FinTech application development. According to it, the given FinTech industry will soon touch profit worth $45 billion at an annual growth rate of 7.1%.

But thanks to the COVID-19 crisis, all the good work has boomeranged. Every industry is facing a survival crisis, and even FinTech has to bite to the dust. Now, the world is shifting its strategy from ‘recovery’ to ‘resurrect’ to overcome the challenges arising from the given pandemic. In such a scenario, the FinTech industry is not far behind.

Be it searching for investors for funding, adopting new innovative ideas, or going towards local or global expansion, every new and old FinTech app Development Company is struggling to stay afloat during the given crisis.

Furthermore, the most vital aspect of the given industry is providing the highest priority