The Netherlands has been using blockchain in many sectors, including financial technology, trade finance, self-sovereign identity, energy, entertainment, cryptocurrency, real estate, healthcare, logistics, etc. In several ways, the country has been a trend-setter in applying DLT in several industries - both in the public and private sectors - and it has strong legislation supporting this use and a sound digital infrastructure. In the financial services sector, blockchain technology has found its applications mainly in trade settlement, KYC and trade finance. Stakeholders have never shied away from collaborating with global players in this domain. Also, the country is encouraging cryptocurrency and the Dutch Central Bank has extended registration for crypto service firms too.
There are 2 specific institutions in the country that facilitate the use of tokens and virtual assets through public-private initiatives - the Dutch Blockchain Coalition and the 2Tokens Foundation. They help organizations to use tokenization in their day-to-day operations. Similarly, NX’change is a regulated market where tokenized securities and digital assets can be traded within the existing regulatory framework.
When covid struck and the health services sector was in disarray, blockchain firms came to the sector’s rescue through developing covid tracking apps and medical supply chain applications.
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Denne historien er fra February 2021-utgaven av Banking Frontiers.
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Swedbank leverages data to the hilt
Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:
Digitization is for customer satisfaction, says Argenta Bank
Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:
Speed, Safety, Compliance
Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:
Unique methods in fraud perpetration
When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:
NBFCs: Elevating Organizational IQ
What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:
Trustful Transformation
Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:
Smart ATMs - an indication of a resurgence
Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions:
Personalization scores with HNWI & YP
Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap:
