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-banksMy answer is that crypto or blockchain can replace partialy banks but not in overall because replacing fiat completely with digital coins is not at all easy task and it will take time say many years.Banks provide various services which btc cannot provide such as advisory sevices,loans,custodian services are integral part of financial system of banks.So we can say banks are here to stay for a long period of time.