Perhaps no industry can benefit more from integrating blockchain into its business operations than the banking industry.In view of the actual needs of society, Briansclub We need to change some original problems to better serve the society and benefit people. https://www.bclubtk.us/
Financial institutions are only open during working hours, usually five days a week. This means that if you try to deposit a check at 6 pm on Friday, you may have to wait until Monday morning to see the money in your account.
Even if you do deposit money during working hours, it may take one to three days to verify the transaction because of the huge amount of transactions that banks need to settle. On the other hand, the blockchain never sleeps.
By integrating the blockchain into the bank, consumers can see their transactions processed in just 10 minutes-basically the time it takes to add the blockchain, regardless of holidays or a day or a week.
With the help of blockchain, banks also have the opportunity to exchange funds between institutions faster and safer. For example, in the stock trading business, the settlement and liquidation process may take up to three days (if it is an international transaction, it may take longer), which means that funds and stocks will be frozen during this time.
Considering the scale of the amount involved, even if the funds are only on the way for a few days, it will bring huge costs and risks to the bank.