In the past few years, Blockchain has leaped and become one of the leading technologies which pose a solution for many issues which conventional technology cannot resolve. When we talk about applications of Blockchain technology, then its horizon is expanding with every passing day, but its one of the most conventional domain of application is finance. The world got to know about Blockchain after Bitcoin evolved. However, now we have its multifaceted applications. Hence, it becomes imperative for professionals in different fields to learn this technology. Individuals who are working in the field of finance can benefit a lot from this technology.
Blockchain for finance professionals-
We all know that in the times to come Blockhain will be replacing the mainstream business operations. Many online portals are now accepting payment using Blockchain platform. Since the entire financial division is taken care of by the finance professionals, individuals knowing Blockchain will not only grow professionally but also secure their job in the future.
As a finance professional, you would be wondering how Blockchain can be useful for you, well, these are some of the common use cases of Blockchain in the finance division :
- Financial auditing
- Vendor management
- Shareholder voting
- Inter-company reconciliation
- Budgeting and forecasting
Since these are the core aspects of the finance division, an individual having knowledge about Blockchain and implementing the same in their daily business work, will not only expedite the process but at the same time, it also makes sure that the entire process is secured, free from hacking and any data tampering activity.
So, what’s the next step?
The next move is to pick up the certification course in Blockchain and understand its application in a different field. Blockchain council offers a Certified Blockchain and Finance Professional. The course takes you through the concepts of Blockchain technology, its application, and how to use it. This is an exam based course which will help you learn everything about Blockchain and its use in the finance sector.