Re: Why Banks on blockchain?

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 dont think there are any reason for bank to join in blockchain for now.
Unless the cryptocurrency used globally in the world, there won't be any reason for bank to join i guess.
Cryptocurrency need more public awareness so the peoples will mass adopting the blockchain.