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New Technology to improve banking sector's performance

Fri, 05 Jul 2019 11:51 - Updated Fri, 05 Jul 2019 11:52

Luanda - The utilization of new information technologies, such as "Blockchain", in the Angolan banking sector will improve its organization process, improve services, speed up operations and develop new services, said on Thursday the KPMG auditing firm officer, José Garrido.

The KPMG auditor said so to the press on the sidelines of the Blockchain presentation, a new information technology in Angolan banking sector.

In the meantime, he explained that the usage of this new technology will prevent intermediation in banking transactions through interconnection, which enables to share information with all participants in the network. 

As an integrated information system, he explained, Blockchain helps reduce bureaucracy in banking operations.