blockchain will revolutionize the banking and finance industry if they decided to use it thus it's far less expensive and super fast for transactions. It could save banks millions of dollars by removing the authenticating layer
Some banks want to adopt blockchain technologies,but all the banks want to see cryptocurrencies destroyed.
I`m not sure how the blockchain can be more efficient than the ordinary transaction technologies.It still has a lot to improve.
yes. i agree with you. Central banks across the world are exploring the potential for shifting parts of their payments systems on to blockchain technology or even using it to launch digital currencies and Trade finance is still mostly based on paper, such as bills of lading or letters of credit, being sent by fax or post around the world so many bankers to be crying out for modernisation. so believe that blockchain is the obvious solution especially as numerous parties need access to the same information.