Post
Topic
Board Bitcoin Discussion
Re: Blockchain can help banks
by
Batang Hambog
on 16/05/2018, 04:51:21 UTC
Another indication that banks can use blockchain as an ally, instead of seeing as a competition.


https://www.reuters.com/article/us-hsbc-blockchain/hsbc-says-performs-first-trade-finance-transaction-using-blockchain-idUSKCN1IF01X
I mean with blockchain being use, it will be  a lot faster and cheaper when it comes to payment transactions and that is something I think everyone would want. Since blockchain enables transactions to be completed much quicker than is possible with centralized systems, there is less time for someone to intervene and divert payments