Post
Topic
Board Economics
Re: Can Blockchain Replace Banks?
by
NeironixNV
on 06/11/2019, 12:06:29 UTC
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-banks

I read at neironix. io that this is real, even the very cryptocurrency from facebook and telegrams competes with banks, but the banks themselves will not let themselves be displaced and are already introducing blockchain technologies into their systems.