Blockchain in FSI’s Ifs and Buts!
Blockchain technology is called the next stage of the Internet. The blockchain is a global, decentralised online database or distributed ledger that provides a way to record and transfer data that are transparent, safe, auditable, and resistant to outages, that anyone with an internet connection from anywhere in the world can use. Blockchain can make the organisations that use it open, democratic, decentralised, efficient, and secure. The blockchain has social perceptions strongly related to bitcoin and other cryptocurrencies. Most people view blockchain as something intellectual for tech-savvy cyber criminals for anonymous black-market transactions or people who are anti-government, against the centralisation of financial regulative authorities. The emerging reality is that blockchain has applications that are far beyond cryptos, and as [...]








