The concept of blockchain is prevalent globally in today's times. It has shown remarkable growth and has shown a lot of achievement by executing systems of peer-to-peer cryptocurrency. The cryptocurrency was introduced in 2009 but created hype about digital currency around the world in 2017. Blockchain works on the concept of a “distributed ledger/database.” The transactions are recorded and replicated to all the participating parties chronologically. Blockchain has verified to be immutable and provides accountability, integrity, and quite a lot of confidentiality through a pair of private and public keys. Various sectors have started using blockchain due to its salient features. Asset management is also one of the areas where blockchain can reduce transaction costs, approval waiting time, and increase transparency. The complicated processes of asset management can be automated by unifying permissioned and permissionless blockchain. This chapter discusses how asset management firms can use blockchain opportunities to harness its benefits.
Financial literacy capability impacts individuals, families, financial institutions and the economy, as a whole. Financial knowledge is required in every aspect of life in this competitive world. The fundamental object for this analysis is to assess the impact of demographic features of budding young entrepreneurs on their financial Literacy, in the national capital reason of India. The methodology used is, the self-administered and closed-ended questions to collect the experiential data from the young entrepreneurs. Before conducting the survey, dense literature was conducted to understand the background of the concept and to find the research gap. The study reports that a young male budding entrepreneur in the age group of the '20s, started a venture or entrepreneurial activity at an early age and graduate in the field of technology, accounts, economics or management is well versed in understanding the financial implications. The socio-economic culture of India supports the results. The outcome of the study will be useful for the banks, financial institutions, venture capitalist, who involved in financing the start-ups and new ventures moreover, it is also essential for government and policymakers who gives subsidies and other support to make India as a self-reliant nation "Aatm - Nirbhar Bharat".
This study aims to determine the effect of age and education on the customers' service compatibility and determine the awareness level of the banking customers related to the banking services. The collection of data will be a blend of primary and secondary sources based on private banks. Based on the findings, it can be said that gender affects service compatibility with the user. Still, the education level has no direct effect on compatibility.
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