Economic Reporter :
Speakers at a seminar underscored the need for introducing Blockchain based asset management systems to save time and money of the banking sector.
They observed that every bank can get proactive information for asset verification of their clients by calling API through Bangladesh Bank’s Central Blockchain System.
The speakers came up with the observation on Sunday at the seminar on “Blockchain and Data Centres” was held at the Finance Ministry in the city.
Senior Secretary of the Financial Institutions Division Md Ashadul Islam presided over the seminar while Founder and Chief Executive Officer (CEO) and Founder of the United State (US) based Fintech Company FamaCash Dr Saiful Khandaker presented the different information on Blockchain and Artificial Intelligence (AI) based on asset management system.
In his speech, Ashadul Islam said various verification, transactions and other services of the country’s banking sector can be enhanced through Blockchain based technology.
“Now the time is to use Blockchain-based technology to create digital Bangladesh. In order to further improve our banking services, various verification, transactions and other services can be enhanced through Blockchain based technology,” he added.
He hoped that the banking system of our country would be more modern as developed countries using Blockchain technology.
Saiful Khandaker said that Blockchain based asset management systems can save banks time and money as it is not essential to verify the customer’s assets separately under the system.
“For asset verification, every bank can get proactive information by calling API through Bangladesh Bank’s Central Blockchain System,” he added.
Among others, Managing Director and CEO of the Rupali Bank Limited M Ataur Rahman Pradhan, Managing Director of Investment Corporation of Bangladesh (ICB) Kazi Sanaul Hoq and Managing Director of the Bangladesh House Building Finance Corporation (BHBFC) Debasish Chakrabarty, among others, delivered speeches on the occasion.
Speakers at a seminar underscored the need for introducing Blockchain based asset management systems to save time and money of the banking sector.
They observed that every bank can get proactive information for asset verification of their clients by calling API through Bangladesh Bank’s Central Blockchain System.
The speakers came up with the observation on Sunday at the seminar on “Blockchain and Data Centres” was held at the Finance Ministry in the city.
Senior Secretary of the Financial Institutions Division Md Ashadul Islam presided over the seminar while Founder and Chief Executive Officer (CEO) and Founder of the United State (US) based Fintech Company FamaCash Dr Saiful Khandaker presented the different information on Blockchain and Artificial Intelligence (AI) based on asset management system.
In his speech, Ashadul Islam said various verification, transactions and other services of the country’s banking sector can be enhanced through Blockchain based technology.
“Now the time is to use Blockchain-based technology to create digital Bangladesh. In order to further improve our banking services, various verification, transactions and other services can be enhanced through Blockchain based technology,” he added.
He hoped that the banking system of our country would be more modern as developed countries using Blockchain technology.
Saiful Khandaker said that Blockchain based asset management systems can save banks time and money as it is not essential to verify the customer’s assets separately under the system.
“For asset verification, every bank can get proactive information by calling API through Bangladesh Bank’s Central Blockchain System,” he added.
Among others, Managing Director and CEO of the Rupali Bank Limited M Ataur Rahman Pradhan, Managing Director of Investment Corporation of Bangladesh (ICB) Kazi Sanaul Hoq and Managing Director of the Bangladesh House Building Finance Corporation (BHBFC) Debasish Chakrabarty, among others, delivered speeches on the occasion.
