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?

Banks want to adopt blockchain technology because blockchain can secure their data and saving a lot cost. With blockchain, banks can make their service more faster and its important for banks to secure their data service