Banking and Insurance
Blockchain in Banking & Insurance: Cut Intermediaries
$ 4 Billions
Estimated Banking Savings with Blockchain
the banking sector stands to save up to $4 billion annually in cross-border payments and operational optimizations. Blockchain can also cut onboarding costs by $1 billion and reduce fraud losses by $7-9 billion.
Source: McKinsey
Blockchain offers the financial sector enhanced security, efficiency, and transparency by removing intermediaries and streamlining processes. In 2024, global spending on blockchain solutions is projected to reach $19 billion, with the banking sector accounting for nearly 30% of these expenditures (Digitalisation World, Coinpedia Fintech News)
/why Blockchain?/
Key Benefits
01
Enhanced Security
Blockchain reduces fraud and cyber risks by eliminating single points of failure, creating a secure, distributed network.
02
Transparency & Trust
Every transaction is recorded in real-time on an immutable, shared ledger, simplifying audits and building trust among stakeholders.
03
Data Privacy
Granular control allows institutions to protect sensitive information while securely sharing data with authorized parties, ensuring compliance and collaboration.
/NUBRIX/
Your Trusted Partner for Financial Transformation
At NUBRIX, we specialize in seamless blockchain integration that transforms banking operations, making them more efficient, secure, and transparent while reducing costs and eliminating intermediaries.
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Seamless Integration
Our plug-and-play approach connects your banking or any legacy systems with blockchain technology, ensuring smooth integration without disrupting your operations.
Expert Guidance
Our blockchain specialists work closely with your team to identify challenges, craft a strategy, and implement a blockchain solution that delivers real value.
Fast Deployment
Through our partnership with robust blockchain infrastructure platforms, we enable rapid deployment of blockchain solutions, allowing for quick implementation without the need for advanced technical skills on your end.
End-to-End Solutions
Whether you're starting or scaling up your blockchain project, NUBRIX provides comprehensive services, from consultation to integration and support, ensuring your blockchain project's success.
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