Why Blockchain Is the Future of Banking and Finance
Prasanna Lohar Shares How DCB Bank Is Experimenting With Blockchain ProjectsBlockchain technology is the future of banking and finance, says Prasanna Lohar, head of innovation and architecture, DCB Bank.
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DCB Bank is experimenting with the new blockchain technology, with several projects already underway. It is also identifying the right use cases and the potential of the new technology.
There are multiple use cases for blockchain technology in several other departments apart from banking and finance, such as accounting, HR and others, Lohar added. Aided by blockchain, DCB Bank is redefining business strategies and models.
This article was previously published on the DynamicCIO website on April 18, 2019.