Blockchain technology is said to be the next big thing! This tech underpinning the cryptocurrency has enormous potential across systems and processes. Many experts believe that the Blockchain technology will revolutionise the banking industry.
Integrating Blockchain technology in banking will help increase compliance, reduce costs, improve security, and much more. Notably, it enables data storage with better security, reducing any cyber-attacks and frauds. There are lots of startups across the globe promoting the adoption of bitcoin. Based out of Berlin, Bitwala is one among them.