Finance Blocks provides growth to rural consumer

| | Bhopal
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Finance Blocks provides growth to rural consumer

Tuesday, 04 January 2022 | Staff Reporter | Bhopal

The COVID-19 pandemic has wittingly or unwittingly turned into a powerful booster of digital financial services around the world. Throughout 2020, a substantial number of new accounts were created worldwide that were equipped with mobile monetary, fin-tech, and online banking services.

Growth in internet usage, smartphone penetration, and easy-to-setup-and-use financial apps has led to the rise of cashless societies. Bearing in mind the challenges due to Covid-19, Finance Blocks offers key features for our customers and RFIs like our mobile application, domain name and dashboard creation to facilitate contactless banking operations.

Their solution utilises innovative cutting-edge technologies to raise the living standards for the rural population through economic and monetary empowerment in accordance with government financing policies and initiatives. Finance Blocks’ platform and app has been designed and developed for the purpose of serving both RFIs and rural consumers,

Finance Blocks combines revolutionary blockchain technology with banking and credit frameworks to accelerate the process of credit loan sanctions and inspection of documentation while maintaining the highest level of security, transparency and ease of accessibility between lenders and borrowers.

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