Blockchain in Banking

I am thrilled to announce the launch of my book, "Blockchain in Banking.", now available on Amazon. You can go ahead and get your copy here. https://www.amazon.com/dp/B0DMWP2QSK

Here’s a detailed description of what you'll discover in the book:

The banking industry is being revolutionized by blockchain technology, which brings transparency, security, and efficiency to financial transactions. The use of blockchain technology in the banking sector provides a detailed plan for financial institutions and tech companies, examining how blockchain can be applied in different banking operations.

This book will provide valuable information on successful blockchain implementations, show you how top financial institutions use this technology and teach you the best ways to incorporate blockchain into financial services

This guide, written by Dato’ Arif Siddiqui, a knowledgeable professional with over thirty years of experience in banking and IT, provides a clear and practical understanding of how blockchain is revolutionizing the banking sector. Who Should Read This Book: Professionals in banking, finance, and technology, especially those interested in evaluating blockchain’s potential within banks and financial services, will find this book designed for them. It serves strategy executives, digital transformers, developers, implementers, and support teams in banks and financial institutions who want to enhance or implement blockchain strategies for various purposes like trade finance, payments, credit assessment, asset tokenization, Digital currency, KYC, and identity management. Individuals seeking a systematic overview of blockchain’s potential, constraints, and top strategies will consider it highly pertinent.

Chapter One: Blockchain in Trade Finance, Supply Chain Management, and Commodity Trading

Chapter Two: Blockchain for Cross-Border Payments

Chapter Three: Tokenization in Banking and Financial Institutions

Chapter Four: Blockchain in Credit Assessment

Chapter Five: Use of CBDCs (Central Bank Digital Currencies) in Cross-Border Payment

Chapter Six: Blockchain for KYC and Identity Verification in BankingKey Takeaways:

• Explore Leading Blockchain Solutions: Each chapter details the top blockchain solutions and their specific applications in banking, such as Contour for trade finance, Ripple for cross-border payments, and Solana for asset tokenization. 21 top blockchains were explained and compared overall in 6 different categories.
• Explore real-life use cases: Learn practical insights from case studies of global banks using blockchain to optimize operations, mitigate risks, and enhance customer experiences. Explained 19 actual blockchain implementations in banks.
• Step-by-Step Guidance: Detailed explanations of blockchain implementation processes provide a roadmap for professionals involved in digital transformation.
• Comparison and Analysis: In-depth comparisons, such as between SWIFT and Ripple or among tokenization platforms, help readers understand the strengths and limitations of each Blockchain solution and specific areas of implementation in banks.
• Future Trends in Blockchain and Banking: Insightful analysis of emerging trends, such as the rise of CBDCs and decentralized identity for credit assessment, prepares readers for the next phase of digital banking.