In a large number of cases, blockchain technology is able to modernize almost any industry: insurance
and others. In particular, blockchain is greatly applicable for the financial sphere.
A good indicator of quick and successful implementation of the technology in this area is not only the number of existing projects, but also their activity level and success. Several companies from our list have already entered a list of the 50 best fintech companies according to Forbes.
Blockchain technology integration allows to re-examine the existing bank structure. Blockchain solutions accelerate transactions execution, reduce their cost and increase the transparency of all processes.