Virtual ledgers are transforming banking by offering real-time transaction updates, alerts, and improved access to financial data. Midsize banks can use this technology to enhance customer experience, increase revenue, and stay competitive. Three primary applications are highlighted: as accounting backbones for Banking-as-a-Service platforms, as tools for improving digital corporate onboarding, and as fallback systems to record transactions during core outages. These use cases enable banks to streamline operations, offer differentiated services, and reduce reliance on legacy systems while maintaining regulatory and operational continuity.

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