Post
Topic
Board Bitcoin Discussion
Re: Why Banks on blockchain?
by
minairia3
on 15/11/2018, 08:50:47 UTC
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 they are clinging on to their mere existence. if they don't do this they will be obliterated in just that but that won't happen in overnight as there are many financial capital markets and derivatives are being run by banks and financial institutions.