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Bitcoin Discussion
Re: Why Banks on blockchain?
by
tungaqhd
on
31/08/2018, 13:35:22 UTC
Quote from: Sexie on August 24, 2018, 01:32:37 PM
https://cointelegraph.com/news/singapore-central-bank-partners-with-deloitte-nasdaq-on-blockchain-asset-settlement/amp
http://news.abs-cbn.com/business/05/21/18/unionbank-to-link-rural-banks-using-blockchain
What is the possible reasons why banks adopt of joining blockchain? Please share your opinions . Is it really helps rural banks and small banks to be more productive and efficient? Is it faster and easier in terms of financial transactions to the mass market and brings down the cost of service?
Because blockchain technology has many advantages, it help us save users data securely, make transaction become faster, connect more people. I saw many banks using it.