Here is a good white paper/research report published by European Banking Authority (EBA) detailing out the opportunities and risks associated with the adoption of Blockchain in relation to financial institutions.
Report on risks and opportunities arising for financial institutions due to FinTech
Use cases related to some of the following are described:
- Usage of distributed ledger technology (DLT) and smart contracts for trade finance
- Use of DLT to streamline customer due diligence (CDD) processes
- In this use case, the “digital identity” concept is explored and described.
I have been recently working in the area of Data analytics including Data Science and Machine Learning / Deep Learning. I am also passionate about different technologies including programming languages such as Java/JEE, Javascript, Python, R, Julia, etc, and technologies such as Blockchain, mobile computing, cloud-native technologies, application security, cloud computing platforms, big data, etc. I would love to connect with you on Linkedin.
Check out my latest book titled as First Principles Thinking: Building winning products using first principles thinking.
Check out my latest book titled as First Principles Thinking: Building winning products using first principles thinking.
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I found it very helpful. However the differences are not too understandable for me