Hey.
Yesterday I read an article about banks that began to use blockchain and there was pretty impressive list.
They're also described successful cases of using blockchain in banks (if you're interested -
here's the article), so I may assume that using blockchain in bank's system is only a matter of time (and money, of course).
Now, the question: why it takes THAT long the smaller banks to go the same way and start using the blockchain?
Certian banks have earlier shown their interest in adopting blockchain technology as it is revolutionary and banks have to be updated with the latest technologies to provide good services to customers.This would be great if they approve it as cryptocurrencies can also get its support and benefit as they are financial services of nation and governmemt would permit its usage.But on the other hand it is quite technical and banks might fees hesitated to use it or implement properly in their system due to which they follow traditional methods as they are less transparent and they have faith over them.