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Back Office 2.0 using Blockchain promises Business Process Elimination (BPE).
- Source :
- Daily Fintech; 4/21/2021, p1-2, 2p
- Publication Year :
- 2021
-
Abstract
- The article focuses on the significance of the introduction of blockchain which promotes business process elimination in the banking industry in 2016. It recalls the effect of the introduction of core banking systems in the 1970s. Also described is the possible impact of the introduction of concurrent delivery versus payment (CDVP). The innovation is expected to affect almost every asset class and the insurance claims process.
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Daily Fintech
- Publication Type :
- Report
- Accession number :
- 151516252