Blockchain for financial operations
Blockchain-based smart contracts have opened up a whole new realm of possibilities especially within the financial and insurance sectors. Using these contracts allows for data consistency and provides fundamental trust in the integrity of the transaction. We have served as implementation partners for one of the most advanced fintechs in the European market and our expertise is growing every day within the field. Our focus is on specialising in smart contract configuration for optimal use in critical banking and insurance processes.
Beyond the hype, blockchain is now providing real-world examples that are practical for businesses, especially those operating on legacy systems where implementing technologies geared towards the future is necessary. Cryptocurrencies are the best-known examples of how blockchain technology can be used but in essence, any process or application using data storage can take advantage of the benefits provided by blockchain implementation. From accounting banking transactions to validating identities and detecting fraud to facilitating peer-to-peer transactions, here at Brainhint we are looking forward to working with your organisation to best implement blockchain into your processes.