Post
Topic
Board Economics
Re: Are Cryptobanks Future?
by
White Christmas
on 30/10/2019, 03:47:48 UTC
Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen  the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
It is a postive news that some countries are preparing for the future in which they are proposing some cryptobanks project to enhance the banking system of every banks in the world. I probably agree with the conclusions that the cryptocurrency is the future of the financial system in which the exchange of funds by the lenders, investors and  borrowers to change into digital currency which is what we called crypto by using online currency to operate the financial system in the near future.