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-banksBanks can never be replaced by any digital currency even bitcoin or blockchain technology as they provide various services to customers and they are financial branches of country.Blockchain technology can be used by banks to improve the services but they can never be replaced by such new technologies as they are integral part of system.
yup, because fiat was never be removed in a certain country because technologies never spread so fast on every person by the cause of poverty. Still cryptocurrency not accepted by some country that's why it will never replaced a bank by a block chain.