Assessment of risks and benefits from the arrival of Blockchain technology in the consumer finance industry

Abstract

The client has recognised the need to address changes arising from new technologies in order to adapt to an increasingly digital world. One of the buzzwords of recent times has been Blockchain, which enables completely new markets and business models by making use of its unique infrastructure. Even though the client's parent company currently employs a department that analyses innovative technologies, it does not focus on solutions applicable in the credit institution's main markets.