This paper highlights the necessity to use modern blockchain technology in traditional banking sector to reduce frauds and enable high-security transactions on a permanent blockchain ledger. Reviewing different channels through which the traditional banking servers could integrate blockchain use, it is signified how a huge anti-fraud stand can be taken against bank servers allowing fraudulent transactions daily. Usage of a blockchain-based ledger is highly impactful in terms of security of a banking organization. Blockchain-based currency tokens, also referred to as Cryptocurrencies are not regulated by the government, highly volatile, and anonymous to use. Furthermore, there is no security for any funds invested in a cryptocurrency market. However, the integration of a blockchain ledger in a traditional banking organization would strengthen the security to provide more stability and confidence to its customers and at the same time, make blockchain a more reliable method to consider due to being trusted by large financial organizations.
翻译:本文强调了在传统银行部门使用现代链锁技术减少欺诈和在永久链锁分类账上实现高安全交易的必要性。审查传统银行服务器可以整合链锁使用的不同渠道,可以说明如何对允许每天进行欺诈交易的银行服务器采取巨大的反欺诈立场。使用基于链锁的分类账对银行组织的安全影响很大。基于链锁的货币代币也被称为加密证券,不受政府管制,极不稳定,匿名使用。此外,投资于加密货币市场的任何资金都没有安全性。然而,将链锁分类账纳入传统银行组织将加强安全性,为客户提供更大的稳定性和信心,同时使块链成为更可靠的方法,以考虑是否受到大型金融组织的信赖。