The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
Banks are already concerned about this issue, so they are considering the possibility of using blockchain technology in their field, otherwise they will go into the past, as much has already gone. Banks are intermediaries between the seller and the buyer, who impose their intermediary conditions than increase the value of the product. They must be removed from this chain.