Countries in Latin America will be able to experience the benefits of blockchain for themselves thanks to a collaboration between Itaú Unibanco and Standard Chartered. Blockchain’s allure continues to grow. It is being used in a range of various industries thanks to its intrinsic characteristics like transparency and immutability. One of the sectors that blockchain’s popularity seems to soar in is finance. There are many major players in this industry that are embracing the benefits of blockchain in a bid to cut down on costs and increase process efficiencies.
image via Shutterstock