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In this white paper, SPD Bank and Huawei propose a brand-new concept: the Bank of Things (BoT).
Bringing with it vast potential for disruption, BoT allows financial institutions to directly interact with "intelligent things," not just people, to build scenario-centered business models as well as establish objective risk management models.
Discover BoT's emerging role in the digital economy and see how it will reshape the banks of the future: but what does this mean for traditional banking business models? Mapping out possible technical challenges, the white paper also explores the opportunities to create pan-financial services and a new digital credit system that BoT brings.