Post
Topic
Board Economics
Re: The future of banking industry in blockchain
by
Oneandpure
on 08/12/2019, 00:28:12 UTC
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?
Because no one will share their innovations for free.Now huge banks are investing in the development of new technologies.Invite people to work and also free training.Small banks just can't afford it.
Need waiting implementation banking industry in blockchain at the future, will not available using bitcoin as legal currency payment right now maybe give chance for bitcoin and altcoin become legal at the future and adopted in banking system. Many people will be easy when receiving and sending their money assets to their family around the world if using blockchain.