While the world saw the wave of globalization, it — also — observed an increase in the relations forged amongst the international entities and a digital currency would be accessible by all and can be transferred with ease. This has led to the advent of Banknet’s financial platform which has been integrated with the use of blockchain not only because of how safe it is but also because of the speed and the efficiency with which these transactions occur. Thus, ensuring that while it renders the traditional services — the time is being saved. The operations would be smart contracts have driven — which is one of the most interesting elements of the said technology because it would automatically fulfill the obligations that have been stipulated by its user. The decentralized operations of this technology act as an aid for keeping all fraudulent and criminal operations at bay.