The post Deutsche Bank to Use Blockchain to Address Margin Compression and Revenue Decline appeared first on Coinpedia Fintech News
The German banking giant Deutsche Bank AG plans to innovate by leveraging blockchain technology to address margin compression issues across the financial services sector. It is testing a platform based on the Ethereum network. Deutsche Bank provides digital services for tokenized funds via Project Guardian, which aspires to explore the potential advantages of liquidity and efficiency offered by blockchain technology. Leveraging blockchain and smart contract solutions can help the banking giant lower costs, reduce risks, and shorten transaction times