The emerging modern blockchain technology is distributed ledger technology which has a great future in Pakistan to revolutionize the industries, services and banking sector. Both the State Bank of Pakistan and commercial banks can deploy it to enhance the efficiency, safety and security, hence ultimately transparency of the banking transactions. So far various sectors are reluctant to adopt it, but the rest of the world has posed numeral models which helped the banking sector for advancement. In the country, the banking sector is regularly addressing many problems which include: Lack of financial inclusion:Â A number of masses have limited access to…
