Finance

Why Prefer Blockchain for Finance?

Your business processes can be streamlined and your assets can be managed effectively with the aid of blockchain technology. It gives you insightful information about all of your earnings and outgoing costs, with supporting documentation and improved traceability. With blockchain, trading and exchange operations are simpler than before. Without the use of middlemen or geographic restrictions, peers can connect directly and exchange data and money wherever they are.

Blockchain Applications in FinTech

Blockchain for Banking

Remove middlemen or intermediaries with smart contracts to save cost and time

Blockchain for Financial Institutions

Authenticate your investor and enhance traceability of your invested start-up operations and transactions

Blockchain for Insurance

Avoid tedious claim processes, duplicate claims, double financing, fake replacements and false claims

Blockchain for Trading

Connect with traders and sellers directly without any border restrictions through crypto payments

Types of Blockchain Finance

  • Public Blockchain

    Allow all users within your network to use your blockchain services to store data securely with strong regulations

  • Private Blockchain

    Provide authentication and accessibility only to selected personnel to handle financial transactions and operations

Benefits of Hiring Afkkarr for Blockchain in Finance

Enhance accountability with transparency and your financial security protocols

Increase scalability of your financial network and enhance trust and confidence

Encrypt all your financial data stored and provide privacy with secured transactions

Increase financial efficiency and improve customer experience

Constantly evolve to provide USP with the usage of latest tools and technology

Increase the interoperability between financial institutions

Services that We Provide at Afkkarr for Finance Using Blockchain

Smart Contracts Development

Implements financial transaction with customized regulations and real-time tracking

Identity Management

Secure all operations and transactions with authenticated digital identity

KYC Verification

Recognize your customers instantly and validate their accessibility in all transactions

Cryptocurrency Payment Building

Make payments instantly without delay at a reduced cost without any extra charge

Monitor Insurance

Control operations and enhance transparency in each claim with automatic payments

Asset Management

Automate and streamline all your assets for paying your debts and equities right on time

Management of Financial Records

Protect all financial data and provide accessibility only to authorized personnel

Syndicating Loans

Gain visibility to financial transaction record of users to grant or reject loans

Management of Crypto assets

Evaluate and validate ICOs potential and invest in profit yielding start-ups without scams

Technology and Tools We Use

  • Ethereum

    Enables developers to build and deploy decentralized applications

  • Hyperledger

    A shared ledger that utilizes cryptography and supports smart contracts

  • Solidity

    A statically-typed programming language designed for developing smart contracts

  • Truffle

    Act as a developer environment and testing framework for blockchain technology

  • R3 Corda

    Open source blockchain designed specifically to meet the demands of modern day businesses

  • Ripple

    Provides one frictionless experience for sending and receiving money globally

  • Quorum

    Platform that addresses specific challenges to blockchain technology adoption within the financial industry and beyond

  • IOTA

    Open-source distributed ledger built to power the Machine Economy through fee-less micro-transactions and data integrity