SUMMARY

This report discusses the applications of blockchain in banking and other industries. It expounds on an interesting topic – tokenization of assets, explaining the tokenization models of different industry verticals such as telecom infrastructure, business projects, and connected devices. For example, the bank would connect all the cellular operators they’ve partnered with, to a blockchain, ensuring that necessary tokens are generated and distributed for the amount that is paid by the operators. The report further explains, with working models, how banks can play a lead role for businesses in these areas through tokenization. It also discusses blockchain use cases in financial marketplaces such as real-estate, trade finance, and bidding platforms. It goes on to talk about blockchain identities and explains how it helps to prevent fraudulent activities on trading and e-commerce platforms. The report concludes on an interesting note, shedding light on applications of blockchain in varied areas like tenant onboarding and traffic violations.

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