ELROND-BLOCKCHAIN  ♥  Industry solutions

Blockchain for financial services

The financial industry is on the brink of disruption with blockchain technology. Opening hours, lengthy money transfers and high fees will soon be a thing of the past. The financial world of the future is online, secure, available to everyone, and lightning fast.

The blockchain is changing the financial industry

Finance will be unrecognizable with the breakthrough of blockchain technology. Financial services providers can benefit and capitalize on the opportunities presented by FinTech.

However, the growing popularity of DeFi projects poses a significant risk to them, as core competencies and tasks of financial institutions will be executed by smart contracts in the future: tamper-proof, transparent and trustworthy.

M2M payment & Micropayments

The Internet of Things consists of networking devices and digital applications. Automated execution of micro-transactions will become part of our everyday lives.
An example from the near future:
A self-driving car finds a parking space and pays parking fees fully automatically. With a throughput of more than 15,000 transactions per second, a latency of 6 seconds, and minimal transaction fees, Elrond provides the perfect infrastructure for implementing micropayment systems.

The Elrond Blockchain for financial service providers

The potential applications of the Elrond blockchain for financial service providers are as diverse as they are visionary. Rely on the technology of tomorrow and shape the future of the financial market.

01

Blockchain & payment tools

Whether it’s loans, payment solutions, or investments, the financial world is inexorably evolving into an open, customer-centric ecosystem of digital solutions.
As a result of digitalization and the breakthrough of blockchain technology, banks, and financial services providers are increasingly competing with startups from the FinTech industry and are being pushed into the role of customer-centric platform providers.
02

Blockchain for next-generation financial services

In the future, financial services will be available as decentralized applications (DApps) on the blockchain and will be accessible to everyone. This is the opportunity for new business models and the replacement of old, centralized structures.

Application examples:

  • Digital payment platforms
  • Loans via lending platforms
  • Wealth trading (decentralized exchanges)
  • Trust services
  • Owned tokens with ESDT standard
  • Non fungible token (NFT) …
03

Blockchain, Big Data, and Artificial Intelligence

The Elrond blockchain, in conjunction with Big Data and Artificial Intelligence, forms an intelligent trio:
  • Protection against data tampering
  • Real-time monitoring of transactions
  • Detecting fraudulent transactions
  • Using AI in data analysis
  • Rights management and customer protection
  • and much more …
04

Crowd-Investment with the blockchain

Shares in investment communities can be defined, adjusted, and transferred in smart contracts.

In the blockchain economy, these are, for example, staking pools to secure blockchain networks and generate a passive income.

These types of investments can be transferred to many areas, for example, proportional real estate investments.

Wolfgang Lucian Elrond Istari Vision

“The team at Istari Vision is an important contact with whom we have been working for over three years now. We look forward to consolidating our growth in Germany, Austria, and Switzerland with their support.”

Lucian Mincu • CIO Elrond

“There is great potential for blockchain technology. We are excited to be ambassadors for Elrond and to encourage adoption and participation in the Elrond ecosystem.”

Wolfgang Rückerl • CEO Istari Vision

More about the Elrond blockchain

The Elrond blockchain will revolutionize the financial industry. We show you why!

Functional Comparison

Elrond is a high-performance blockchain technology based on the proof-of-stake consensus mechanism. It was developed to eliminate vulnerabilities of other blockchains. Actually, we claim that Elrond is the best blockchain technology in the world.

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Orientation Call

Would you like to learn more about the potential of the Elrond blockchain for your company? Our experts will be happy to advise you. Free of charge and without obligation.

Please contact us …

Cost Calculator

Calculate your transaction costs with the Elrond blockchain compared to other transaction technologies like Paypal or credit card. You will be amazed!

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Blockchain Check

Find out how your business can benefit from using the Elrond blockchain in just a few clicks!

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Advantages of the Elrond blockchain

Blockchain Technology
Transactions without intermediary, fail-safe through decentralization, protection against manipulation.

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Adaptive State Sharding

More than 15,000 transactions per second possible, scalable upwards for maximum performance.

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Secure Proof of Stake
Optimal protection for sensitive data and information as well as an improved eco-balance.

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Low costs

Minimal transaction costs to ensure your competitiveness and optimize your pricing strategy.

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Adaptable Smart Contracts

Automatic transactions and payments according to defined rules and conditions. Smart, isn't it?

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Elrond ecosystem

Extensive network of validators, developers, investors, research partners and exchanges.

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Let's talk about Elrond and the financial industry.

Want to learn more about the potential of the Elrond blockchain for financial services providers?
Contact us for an orientation call. We look forward to hearing from you!

Kontaktformular Englisch Gold
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istari vision contact phone

We are also available by phone and will be happy to call you back!

Phone: +41 415 11 777 1
E-mail: hello@istari.vision

Your data will only be used to contact you and will not be shared with third parties. For more information, please see our privacy policy…

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References

Visit Elrond and Istari Vision customers and partners

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