Post
Topic
Board Economics
Re: The future of banking industry in blockchain
by
Kimonoe
on 27/12/2019, 23:11:48 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?

If so this is very good news for us but matter of sorrow that this article did not opening here. Basically if any government try to use blockchain technology widely that must be in financial system i think. Because every county financial system is major portion and beside this other side can be use it. So think as other sides cover blockchain technology, banking system will also cover it soon.
especially now that some banks have reportedly started using the blockchain, of course this can be a stimulus for other banks so as not to lag behind in terms of service to the public. of course people will also choose fast and safe services