Role of BlockChain in the Finance Industry

What if we could transform the finance industry? where outdated processes and paperwork are replaced with renewed cooperation, innovation, and speed. where fraud and crime could one day be put to rest by collective trust in a highly secure, shared view of the truth.

The financial industry is recognizing the transformative impact of blockchain technology to generate new revenue, deliver process efficiency, improve end-user experience,and reduce risk in business operations.

Solving Finance Industry Challenges
Functional simplification

SmartFalcon's Blockchain enables real-time, multi-party tracking and administration of bank securities and letters of credit.

Automated Compliance

Depend on faster and more accurate reporting with an automated compliance process that draws on immutable data records.

Faster Settlement

Benefit from the near real-time, point-to-point transfer of funds between financial institutions, removing friction and accelerating settlement.

Increased Trust

In the current financial services industry, trust is primarily the responsibility of financial institutions. The secure architecture of blockchains gives businesses new tools to boost trust.

How Global Companies Are Using Blockchain and Digital Assets in Finance.

Blockchain technology is increasingly being used. It is being utilised by forward-thinking banking and financial institutions to digitally change outdated systems for a range of use cases.

Eliminating
Unnecessary Procedures

Blockchain technology can convert paper-based financial systems into fully digital ones that are more cost- and efficiency-effective because of the trust, security, and automation it provides.

Managing
Digital Assets

Blockchain enables the creation of digital representations of physical assets, modernizing the procedures used for their transfer, trade, and management.

Processing Payments
and Transfers

Blockchain technology is especially suited for creating payment processing systems that can transfer money rapidly while maintaining control and verifiability thanks to smart contracts' efficiency and security.

Modernising
Trade Finance

Large-scale secure data exchanges between numerous parties are necessary for trade financing. Due to the inherent security and transparency of blockchain, it is able to digitize these operations, which greatly increases efficiency.

Automating Loan
Processing and Lending

By automating syndicate formation, managing underwriting, processing capital distribution, and other tasks, blockchain networks can be used to streamline and speed up the loan closing process.

Enabling Cross-Border
and Unbanked Services

Blockchain has huge benefits for serving the unbanked and providing cross-border payment solutions, including removing middlemen, speeding up a settlement, boosting confidence, and lowering costs.

WHAT SMARTFALCON DOES
Blockchain and Digital Assets:
A Completely Different Approach

The platform from SmartFalcon is designed from the ground up to allow the development of full blockchain solutions simple and quick. With a few clicks, you can build scalable and secure blockchain networks. A complete set of pluggable on-chain and off-chain services speeds up your journey to production as well.

How SmartFalcon Works
Develop

Developing SmartFalcon's console and APIs simplify blockchain, allowing your team to focus on creating applications with genuine business value.

Execute

Manage operations, onboard new members, and scale your services at the touch of a button once your network and services are up and running.

How Do You Use SmartFalcon?

  • Launch Coins and Assets Immediately and efficiently
  • Create a platform for digital assets
  • Take Advantage of the Crypto Economy
  • Instantly Build Scalable, Borderless Blockchain Networks

Advantages for Finance

  • Sizing to Thousands of Digital Assets
  • 20 times faster production decrease
  • Increase in construction costs
  • Consensus Protocols with Configurable Processing Times