Whitepaper
B-BANK: An Integrated, Advanced IT Solution for Enhancing Fund Flow to Borrowers with Financial and Goods Traceability and Transparency
Despite multiple technological and regulatory initiatives, there has been a substantial build-up of non-performing assets in the banking sector, owing to asymmetric information, adverse selection, and moral hazards.
A real-time finance traceability system (B-Bank) can be adopted for ethically selecting the worthiest loan beneficiaries based on the real-time cash flow and real time project progress.
A blockchain-secured tool (B-Bank) also enables borrowers by managing their accounts, inventory, and project details.
B-Bank empowers economic development by ensuring timely returns of revenue.
Pilot testing indicated a high degree of construct, content validity, and reliability of the said instrument (B-Bank). Hence, this tool complies optimally at both theoretical as well as practical levels in the banking industry.
