Banking & Insurance

Improve the efficiency of our banking institutions

By 2020, there will be 726 billion electronic payments in the world.

The banking and insurance sector faces two main challenges, the lack of customers' trust and intermediation in transactions. Banks hold highly confidential information about their customers, such as how much they have in their account and above all how they use that money. There is thus a real issue of private data management and confidentiality.

The second challenge is the slowness of the processes and the high operating costs caused by the intermediation.

Blockchain applications in the banking & insurance sector are manifold

  • 01Electronic identity to ease customer identification procedures
  • 02Certification of financial transactions and asset management
  • 03Smart contract for credits, loans and insurance contracts

Katena and the banking and insurance sector

Katena is suited to applications in the banking and insurance sector

Katena improves the efficiency of our banking institutions.

The distinctive feature of Katena is that the exchanged data are not stored directly in the blockchain but remain in the internal databases of the banks and insurance companies. This feature aims at securing customers' personal data and ensure confidentiality.

Decentralization of the blockchain by cutting out intermediaries in the transaction and validation process, banks reduce their operating costs and increase their profits. Katena is thus driving process optimization for a greater profitability.

Start with Katena

Banque

Katena's features useful to the banking and insurance sector

Confidentiality

Ensuring customers that their identity and personal data will not be disclosed and that their data will be exchanged in a secure, tamper-proof and forgery-proof manner.

Auditability 

Check and assess the quality and authenticity of the collected data.

Identification

Determine the identity of the signatory using private keys by allowing the signatory to sign by proving his or her identity with an encrypted key, without having to unveil it.

Digital Signature

Generate smart contracts fully digital and secure, without the need for an intermediary.

You have a project in the banking and insurance sector ?

Our team supports you in the implementation of our blockchain solution

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sectors

Katena is also suitable for

They trust us
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At Adameo, we chose to build a strategic partnership with Transchain, because we are convinced the Blockchain as a Service is the only implementation allowing the interoperability of information systems between the Supply Chain professionals.

Guillaume Mullier

Guillaume Mullier

Head of Business Development, Innovation, Marketing & Communication at Adameo

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Our collaboration with Transchain has showcased the utility and the ease of use for SME of Katena, a reliable and operational solution allowing to choose to track products by batches, sets or types

Lioubov Grigorieva

Lioubov Grigorieva

Chief Development Officer at AIS Nutrition

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Katena: Transchain blockchain is an original solution providing an innovative approach which is both well defined, technically accurate and clearly targeted.

Jean-Paul DELAHAYE

Jean-Paul DELAHAYE

Professor emeritus at the University of Lille in France

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