Blockchain for Finance
Discover how web3 is emerging in the Finance industry.
Companies we’ve helped with their web3 strategy
What challenges face the Finance industry?
The Finance industry faces a few key challenges including: Financing, Multi-party Visibility and Settlements.
Insufficient financing can stifle business growth, impede new project investments, and obstruct financial obligations.
The absence of multi-party visibility can lead to confusion, miscommunication, and decision-making delays, undermining collaboration and productivity.
Unequal allocation of financial resources can lead to disputes and destabilization of established economic systems.
[Blockchain] is the biggest opportunity set we can think of over the next decade or so.
Robert Greifeld
Former Chairman, Nasdaq
What are use cases for blockchain in the Finance industry?
Blockchain can be used to solve problems in the Finance industry including CBDC, Cross Border Payments and Digital Identity.
Blockchain can be used for Central Bank Digital Currency (CBDC), offering a secure and transparent platform for issuing, tracking, and managing digital currencies backed by central banks.
Blockchain technology can be used for cross-border payments, offering a transparent, efficient, and secure method for transferring funds across different currencies and countries, eliminating the need for intermediaries.
Blockchain technology can be utilized for digital identity, securely storing and verifying personal information, empowering individuals with control over their data, and aiding in preventing identity theft.
How can Alchemy help Finance companies with their blockchain strategy?
Alchemy's team of blockchain experts and enterprise-grade web3 development platform can help Healthcare companies plan, build, and scale new blockchain initiatives.
"Working with Alchemy has helped us save the equivalent of 3 full-time engineers, who otherwise would have to be heads down on infra maintenance, at all times."
Evgeny Yurtaev
CEO & Co-founder, Zerion
