I am wondering if there is any dedicated solution for integrating Bitcoin with "real" banks?
Some special "wallet"? Or any other infrastructure products/companies that should helps banks implement Bitcoin in an easy and secure way?
I am not talking about all the "Block-Chain" companies out there who trying to build their "shared" database with banks, I am talking about Bitcoin as we know it.
I believe that some of the banks are already works on such an integration, I just wanted to learn about the market in that area.
Thanks.
bitcoin and banks are oxymorons
decentralised vs centralised,pseudoanonymous vs not anonymous at all,limited supply vs fractional reserve and limitless supply via the central bank's printing press
banks are interested in implementing the blockchain technology into their services and producing their own coins,which will
substitute bitcoin or at least partially oust it
just have a look at the leading banks,almost each and every of them are trying to conjure something using the blockchain technology
hope they are not successful
It won't be so easy to implement the blockchain technology for all the banks. Now banks are on a common international network, they are clearing payments via that system (international clearing house). It's a kind of standard, all the banks need to stick to the rules of that system.
If they want to implement a blockchain technology to replace the existing clearing system, they need to get it done collectively. It's simply not the case that every bank creates it's own blockchain and the chains will be compatible.
Maybe if one of the banks will implement it's blockchain model the others can consider to join or to simply ask for a permission to use it.
But what drive banks trying to develop the blockchain technology? Not to substitute bitcoin, because bitcoin is not their competitor (yet). Their current clearing system is slow, international payments 'travel' 1-2 days from a country to another (bank to foreign bank). For those days banks can't lend that money to their customers, and they can't charge interest so it's a loss for them.
If they can implement a blockchain technology, they can clear international transactions intraday so they can charge interest in the evening. This is the main reason searching for a suitable blockchain technology and bitcoin is not suitable for this.