Blockchain technology is gaining traction and changing the finance industry as we know it. Banks have long held on to traditional banking methods, but to survive in a digital future, they need to implement new banking technology.
The business world runs on trust, but trust is hard to come by. A staggering amount of time and money is spent searching, validating, verifying, checking, auditing, certifying, and worrying — trust is an expensive proposition.
Automation could be defined as when there is a set of work and task done using automatic means or done automatically. It can be also defined as the technique which is applied in a task without using humans.
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