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[2019-05-21] Is Banking Culture Slowing Down Blockchain Adoption?
by
S3cco
on 21/05/2019, 14:21:34 UTC
Is Banking Culture Slowing Down Blockchain Adoption?
https://bitcoingarden.org/is-banking-culture-slowing-down-blockchain-adoption/

Unless you’ve been living under a rock, you’ll have some idea of what blockchain is, and the effect it’s having on industries on a worldwide basis.

We often hear the phrase ‘disruption’ when blockchain is mentioned, and that’s as good a way as any of describing what it does.

It ushers in change, for the better. It drags entire industries kicking and screaming into the modern era.

There’s one industry that’s stubbornly dragging its heels though.

Traditional banking.

“It’s ironic that the one industry that arguably stands to benefit above all others from this exciting new technology is the very one that seems most unsure about it,” commented CEO of ATRONOCOM, Thomas Koller.

The head of digital market assets with Credit Suisse, Emmanuel Aidoo, has previously stated that it is banking culture that has been the primary reason behind the slow adoption of blockchain technology by the financial industry....