Blockchain is celebrated as "the new Internet of Finance" and is poised to transform multiple sectors, especially the financial services. The World Economic Forum estimated that more than 1.4 billion USD have been invested in this technology over the last three years. McKinsey believes that DLT (distributed ledger technology) could save the global financial industry up to 110 billion USD. But why is that so and what is blockchain all about?
Read more: Blockchain, The Nextgen Technology To Transform Finance