The creation of blockchain came with possibilities and predictions of a future where intermediaries could be eliminated entirely. It is capable of executing millions of transactions within seconds at a lower transaction cost and requires no centralized authorization.
With the blockchain trend going on as strong as the moment, is it possible that blockchain will replace banks any time soon in the future?
More here:
https://www.hb-wallet.com/post/2018/12/20/can-blockchain-replace-banksThe possibility that blockchain will replace banks will be almost impossible because the bank is the mainstream of all transaction all over the world, even in the 3rd world country. Blockchain is high tech, but it doesn't mean that it will take over or replace the old tradition banking system. Theirs a possibility that blockchain can be the top transaction system, but it will never replace bank.