MonetaGo continues to drive blockchain adoption
Financial frauds and data compromise are persistent problems for enterprises around the world, with technological advancements giving rise to new issues. Various risk analysts count cyber threats among the top-10 operational risks for businesses in the digital day-and-age, where virtual transactions are rapidly replacing physical – or face-to-face – interactions. However, the corporate world has started to realise the potential of the Blockchain technology as few tech-start-ups, such the MonetaGo, have successfully utilised it to combat this threat.
MonetaGo is one of the first companies to use enterprise-grade Blockchain software to detect and mitigate inconsistencies in financial transactions and is one of the leading drivers behind the adoption of the cutting-edge technology in countries with booming economies like India.