Streamlining Financial Netting With Blockchain
Financial netting is the method of decreasing credits and other financial obligations between multiple parties. Essentially, it increases efficiency and decreases the financial burden for companies, investors, and financial institutions. There are various cases where we can use netting in the financial market. It works for credit agreements, service providers, central exchanges, securities, and other financial entities. But, can financial netting enabled by blockchain development services transform this complex method for the finance industry? Read on to find out if blockchain can indeed revamp financial netting.