Video

Why Blockchain Is the Future of Banking and Finance

Prasanna Lohar Shares How DCB Bank Is Experimenting With Blockchain Projects
Prasanna Lohar, head of innovation and architecture, DCB Bank

Blockchain technology is the future of banking and finance, says Prasanna Lohar, head of innovation and architecture, DCB Bank.

See Also: The State of Enterprise Mobile App Security 2023: Results Analysis

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.


About the Author

Muqbil Ahmar

Muqbil Ahmar

Executive Editor, ISMG

Ahmar has more than 15 years of experience in technology journalism and public relations. He has been writing on emerging technology. He has also worked with Greenubuntu, Deskera, Crest, India Today and NDTV.




Around the Network

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing cio.inc, you agree to our use of cookies.