Bitcoin Forum

Financial Industry Cannot Use DApps Without the Open Blockchain

What makes DApps so appealing to companies in the financial industry is their increased transparency, security, and automation of day-to-day operations. Using such a decentralized application, which is tied to blockchain technology, can lead to reduced operational costs. But there is more, as the technology can aid in reducing friction and accounting overhead. Customers stand to gain a lot from DApps as well, as companies embracing this concept could pass along some of their savings to consumers.

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