The application of blockchain technologies on cloud

It is indispensable to recall that, through the application of blockchain technologies on cloud, banks can streamline operations by adopting a one-time process with secure data protection and enhanced identity verification.

On this dynamic, for instance, using the open-source Hyperledger Project Fabric, immutability, traceability and privacy of the information is provided on a permissioned distributed ledger which is critical in a highly regulated environment.