Viewpoints expressed by Entrepreneur contributors are their have.
You’re studying Entrepreneur India, an global franchise of Entrepreneur Media.
Payments market today has been deeply impacted by the rise of blockchain technology and cryptocurrencies. The legacy method is developed upon the inheritance of systems relationship to the introduction of credit rating cards and interbank settlement made in the mid-1900s for use in centralized, proven financial institutions with the two institutional as nicely as retail consumers in the era when the post-war fiat cash technique was the only alternative for personal fiscal illustration. On the arrival of blockchain technological innovation and cryptocurrencies,