Blockchain Research Institute has expanded its work on the continent by partnership with one of Africa’s largest banks, Standard Bank
Blockchain technology is gaining traction due to its ability to increase trust and improve the bottom line for all network operations. People have safe and secure access to all of their personal and professional data thanks to Blockchain. However, blockchain is the future of all technological endeavors; it allows consumers to know without a doubt that their assets are safe and secure thanks to new efficiency.
Furthermore, this relationship will provide additional benefits for partnering on a variety of services. Academics, policymakers, entrepreneurs, and researchers can all benefit from learning about blockchain technology research approaches. It will also bridge the gap between blockchain’s technological features and real-world market requirements.
Furthermore, Blockchain Research Institute is focusing on the banking sector, where the functions of blockchain technology will be more beneficial to clients. To keep, secure, and transact their digital assets in a transparent and secure manner. As a result of the service’s success, Blockchain Research Institute Africa is now accepting applications from Egypt and Zimbabwe. Everything is done to build and scale a new company in the country.
Ian Putter, the bank’s Head of Blockchain Research Institute, highlighted that the business is looking into blockchain to boost speed and transparency. “Standard Bank Group has been a pioneer in using distributed ledger technology and blockchain to deliver speed and transparency to our enormous and rapidly growing client base across Africa,” he said.
