Ninjastic
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Board Bitcoin Discussion
Re: Why Banks on blockchain?
by
Btcvilla
on 05/09/2018, 08:14:18 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?


I think you can read it from the news, there is always a notification why banks are interested in the blockchain system. one of them is transparency in terms of transactions and speed without third parties.
you should read it from various references so that you really understand.