Post
Topic
Board Bitcoin Discussion
Re: Banks will use blockchain
by
coinoberg
on 28/01/2018, 14:36:52 UTC
https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

Blockchains will probably be used in various industries because of the benefits of this technology. However, this doesn’t mean they will use Bitcoin or any other decentralized blockchains. They will most likely make their own centralized blockchains. I don’t really think this will affect Bitcoin because Bitcoin still has the advantage of being decentralized.

I am not agree with that. I don't think either banks will accept any crypto currency or create their own blokchain. Reason is that banks are built on the philosophy of centralization and blockchains are against their main philosophy. So I don't think that can accept it.