Summary

I hope this chapter gave you insight into how blockchains will impact the financial services sector, how enterprises are adopting this technology, and what to consider when trying to implement a blockchain solution. It should also have helped you understand how to implement blockchain projects within an enterprise.

We started the chapter by looking at the present-day banking and finance industry and by understanding blockchain technology. Next, we went through the areas where we believe blockchain can make a difference in this industry. We also looked at how organizations need to approach implementing blockchain technology and what the different implementation models they can consider are. Lastly, we looked at some of the popular blockchain platforms of the day. We'll be using these to implement the projects that will follow in the coming chapters.

In the following chapters, we'll be developing blockchain projects suited for various financial applications. Each of these projects looks at leveraging blockchain technology to deliver a financial solution that is more secure, efficient, and transparent than the traditional alternative. In the next chapter, we'll be looking at leveraging a blockchain platform to design a wallet that can store fungible as well as non-fungible tokens.

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