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Topic: Banks will use blockchain - page 5. (Read 881 times)

jr. member
Activity: 119
Merit: 1
February 26, 2018, 02:29:09 AM
Yes most of bank usse ripple to payment anything!
newbie
Activity: 140
Merit: 0
February 26, 2018, 02:25:24 AM
Recently banks will adopt block chain technology  as a business tool . I think this will be better, and the bank system will be safer, and certainly if set well, it will provide huge benefits for  bank.
newbie
Activity: 154
Merit: 0
February 26, 2018, 01:59:16 AM
Banks are definitely interested in blockchain. However, most banks we surveyed are still in the early stages of adoption, it will provide greater benefits for any bank that uses it.
jr. member
Activity: 196
Merit: 2
“Revolutionising Marketing and Loyalty”
February 26, 2018, 01:37:25 AM
Cryptocurrency is one of product from blockchain and they could use the technology without using cryptocurrency. They using blockchain in order for safe and secure data transfers. Cryptocurrency won't affected by this issue.
jr. member
Activity: 224
Merit: 3
February 26, 2018, 01:31:17 AM
There are series of good news on crypto currency now a days.
1. Bank plan to use blockchain
2. Banks in UAE, KSA and Federal will use ripples net.
3. Arizona, Georgia propose BTC/Cryptocurrency as tax payment
4. Russia also positive on Crypto since it's endorse by Putin itself.

Hope many more soon will follow
full member
Activity: 390
Merit: 157
February 14, 2018, 02:23:29 AM
https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

This is a good news not just for us users but also the bitcoin industry because bitcoin is now growing and building more and more people , and I think it can affect the cryptocurrency and also the different alt coins of it I guess , and I think that the price will go low and the currency such as dollars will increase it's just my conclusion , but still a lot of countries not implementing bitcoin so I think this would positively happen in a future.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
February 14, 2018, 02:11:27 AM
Some bank was study about blockchain technology, but some poor country banned and keep bank centralized (country with big coruption cases)
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 14, 2018, 02:09:23 AM
I think it's just a matter of time until the bank implements blockchain. for the time being, I think it is still very difficult for any state bank to implement it, because there are some countries that conflict with bitcoin. but, I think in the near future, or long, it will be approved.
member
Activity: 392
Merit: 10
February 14, 2018, 02:07:34 AM
For Banks, blockchain technology is disruptive, not only for themselves, but also for competition from financial technology companies and Internet companies.

Blockchain can solve basic credit problems and form mutual trust mechanism between different core enterprises.
newbie
Activity: 58
Merit: 0
February 14, 2018, 02:07:12 AM
Well if they want to survive in the near future i think this is the best method, either apply block chain or make a coin of their own.
full member
Activity: 546
Merit: 100
February 14, 2018, 02:05:54 AM
Yes the future of this money is very good those who have this money they can become the good traders of this money for those who have actively involved in this currency they are good to be the large investors of this currency and they have earning a regular money through bitcoin. In the present time bitcoin is highly trading and the graph of bitcoin is now increasing day by day.
newbie
Activity: 196
Merit: 0
February 14, 2018, 01:47:29 AM
They are already using it with ripple. I did not delve into it much when I was trading. But as I am seeing right now it is the 3rd overall in coinmarketcap. So it must be doing something right.
jr. member
Activity: 168
Merit: 5
Now You Can Be The Bookmaker!
February 14, 2018, 01:41:07 AM
https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?
Well in my opinion, if banks will be using the same technology, I think this will be a good news for bitcoin because the more they use the system the more they are promoting the use of bitcoin. Thus erasing the fears of the majority and the welcoming of the new era of digital currencies.
member
Activity: 252
Merit: 10
February 14, 2018, 01:23:28 AM
Almost all Banks now began to study block chain, if they are not active in the face of a new generation of technology, so they soon will be eliminated by new things,This is why every world starts studying blockchains.
full member
Activity: 602
Merit: 102
February 14, 2018, 01:17:21 AM
#99
https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

Cryptocurrency is a new system that has different mode of operation. Banks adopting the blockchain technology would really be a good idea, by the time they adopt the technology, they can also inculcate cryptocurrency into their system as well, which i think will affect it positively.
full member
Activity: 378
Merit: 100
When Football meets Crypto
February 14, 2018, 01:09:26 AM
#98
https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

In my own opinion, banks does not have a choice because cryptocurrency is really affecting their business. The only way for them to survive is to impelement a saving method where people can place their cryptocurrency and think of something how they are going to earn profit from it.
jr. member
Activity: 203
Merit: 3
February 14, 2018, 01:02:01 AM
#97

Banks will for sure use blockchain technology for their transactions. its reported that major financial institutions are already considering using the blockchain technology to trace their financial activities, this however has nothing to do with cryptocurrency and they will not be affected. its the blockchain technology that will be remodeled to perform a similar function in a different platform.
newbie
Activity: 17
Merit: 0
February 14, 2018, 12:54:46 AM
#96
Will the bank use blockchain? If it's true. I think bitcoin and other virtual currencies will have strong growth.
full member
Activity: 700
Merit: 110
Helios Protocol https://discord.gg/cpzAEMB
February 14, 2018, 12:53:56 AM
#95
I am pretty certain that banks will adopt the blockchainto assist in the traceability of money transfers and to streamline their businesses. Ripple is one element of this that is already being adopted and I have also heard reports that VISA will be using blockchain to transfer funds and to log transactions. Just a matter of time until its adoption spreads.
member
Activity: 322
Merit: 10
February 14, 2018, 12:50:55 AM
#94
Banks need to adapt blockchain to expand their business. It's because they believe blockchain technology will take over some financial sectors in the future. Bank and blockchain will make finance world stronger and easier to use.
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