Quote from: Btc_1856 on July 11, 2019, 03:43:41 AM

Quote from: mig6r on June 30, 2019, 06:41:09 PM

Quote from: The Chezzz on June 28, 2019, 05:53:16 PM

Quote from: DNotes on June 28, 2019, 05:35:54 PM

Quote from: The Chezzz on June 28, 2019, 03:37:22 PM

Quote from: DNotes on June 28, 2019, 03:23:25 PM

Quote from: mig6r on June 28, 2019, 08:54:20 AM

Quote from: DCEBrief on June 27, 2019, 10:21:39 PM

EU Banks Urged to Adopt Real-Time Payment System to Meet Fintech Challenge

https://dcebrief.com/eu-banks-urged-to-adopt-real-time-payment-system-to-meet-fintech-challenge/

Some of them are already implementing technology for transactions that take less than 5 seconds.They feel the pressure a lot.

That pressure and competition is great for everyone. I imagine banks will be able to match up with some of the advantages that digital currency brings to the table as well as adopt other non-fiat digital currencies to keep a larger market share and combine the advantages where possible. Being able to manage your own funds is a great option but factors like speed, convenience, protection, trust, cost and value will be more important to the majority of users. Our vision is that the user will be able to decide how to manage their funds best and the level of risk and protection that is best for some or all of their funds.

So is DNotes putting their name in the hat? Have you reached out to them?

Reached out to who and putting our name in the hat for what? The article was about Etrienne Goosse from the European Payment Council making a statement to urge EU banks to step up and compete with the emerging fintech technologies.

Well, reaching out to the EU banks and saying this is what we have and using DNotes Global as a stepping stone to possibly assist them with what they need. Kind of like a sales person would do. Just simply say "hey we are here and we exist and can possibly assist you in what the European Counsel is trying to push them with. What if the EU banks decide to go with what they are requesting? Then the DNotes name could be someone they look at for assistance if the want to move forward with such a venture. If a EU bank decides to go forward they will reach out to Fintech? who would they reach out to?

They would reach out to someone who represents their interests the best. That's how they work. They don't want innovation, they want to preserve their position for as long as possible at the lowest cost.

Innovative is not important but in order to attract the community at least, they need to show their developments because without any improvement it is impossible to sustain in the crypto market.

That is true to a degree. Many of the larger banks are investing heavily in financial technology businesses and more niche banks to try and capture the emergent market share under their business umbrella. A PWC report I read estimated that the banks only have about five years until Silicon Valley firms begin to eat into their market share. The banks will need to do something soon.