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?

Obvious rural banks try to adopt the opportunity of blockchain, Banks can seen the potential of blockchain how they can help them for the fast transfer of each transactions using this new system of technology.