Business efficiency: Not only does the digital platform improve customer interaction and help customers’ needs be met faster, digital banking also provides methods to make functions internally more efficient.

Cost savings: Digital banking is one of the keys for banks to cut costs through automated applications instead of manual labor. Future digital platforms can reduce costs through the support of network data and analysis, and faster processing of market changes.

High accuracy: The digital banking technology platform will help calculate, process and record transactions and fluctuations with absolute accuracy. can handle hundreds of thousands of transactions per second, enough to supply the global customer community.

Enhanced security: For transactions or any arising on bank accounts, customers will receive OTP, AUTHEN codes for each transaction and receive SMS or email notifications. Customers can feel secure about the security of digital banking. Decentralized platform helps prevent all transaction attacks, EDBank builds an alert flow to customers about account breaches.

Transaction process: EDBank has a great impact on transaction confirmation, cash management, asset optimization as well as other business processes. The ethersmart blockchain technology will help reduce the time from registration to completion of transactions or reduce the time spent on interbank transactions, international transfers or verifying personal information.

About RJ Frometa

Head Honcho, Editor in Chief and writer here on VENTS. I don't like walking on the beach, but I love playing the guitar and geeking out about music. I am also a movie maniac and 6 hours sleeper.

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