Banking | Finance | Insurance & IT in BFSI

  𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: About blockchain finance The future of blockchain technology in finance Recent developments in the blockchain finance industry 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐢𝐧 𝐟𝐢𝐧𝐚𝐧𝐜𝐞? Blockchain technology operates as a decentralized, distributed ledger system employing cryptographic methods to securely store data. It facilitates the secure transfer of digital assets between parties without intermediary intervention. The information stored within a blockchain is immutable, signifying that once registered on the ledger, it remains unchangeable or modifiable. This data is organized into interconnected blocks forming a chain structure within the blockchain database. The chronological consistency of data within the blockchain is maintained because altering or deleting the chain requires agreement among the network participants. Consequently, blockchain technology serves as an unchangeable ledger for documenting orders, payments ), accounts, and various transactio...

In today’s world of ever-changing economic landscapes and increasing life expectancy, planning for retirement is more critical than ever. One of the most reliable and essential tools for securing financial stability in retirement is a pension fund . But what exactly is a pension fund, and why should you care? What is a Pension Fund? A pension fund is a pool of money collected from employers, employees, or both, set aside to provide income to individuals after they retire. These funds are managed by professionals who invest in a variety of assets such as stocks, bonds, real estate, and other vehicles, with the goal of growing the fund over time. Types of Pension Funds There are two main types: Defined Benefit (DB) Plans These promise a specific monthly benefit at retirement, usually based on salary history and years of service. The employer typically bears the investment risk. Defined Contribution (DC) Plans Here, contributions are fixed, but the final benefit depends on inv...