Post
Topic
Board Economics
Re: Banks must adopt new technologies to survive an ongoing “extinction phase”
by
perfect999
on 13/11/2018, 05:13:22 UTC
When you think all banks around the world with adopt blockchain technology? Or this will not happen too soon?
In my opinion, Blockchain is no doubt a very good and advanced technology but no bank is going to adapt this technology because they might not be able to earn as much as they are now. Even banks in the developed countries will not adapt blockchain because it is something that talks about the cost minimization and for banks, cot minimization means profit minimization so do the math now.