Quote from: https://www.coindesk.com/banks-blockchain-blues/
In 2013, the news was full of banks shutting down bitcoin company accounts and worrying about being displaced by the innovation.
This continued in 2014, while a handful of brave institutions began to look at the underlying technology.
In 2015, we started to see the emergence of "thought leadership" from some incumbents, as well as promises of imminent blockchain trials and launches.
These began to materialize and multiply in 2016, as use-case testing spread.
And in 2017, we have seen an even greater number of trials, proofs-of-concept, and prototypes, as well as the growth of financial consortiums.[1]
most announcements these days appear to be along the lines of, "Hey, we're looking at blockchain!" – it would be more surprising to read a headline proclaiming that a bank is not interested in the technology.
compounded by even more opinions on cryptocurrencies and token sales, as well as a stream of "me too" experiments that seem to repeat what has already been done.[2]
What is your expectation for the future? This continued in 2014, while a handful of brave institutions began to look at the underlying technology.
In 2015, we started to see the emergence of "thought leadership" from some incumbents, as well as promises of imminent blockchain trials and launches.
These began to materialize and multiply in 2016, as use-case testing spread.
And in 2017, we have seen an even greater number of trials, proofs-of-concept, and prototypes, as well as the growth of financial consortiums.[1]
most announcements these days appear to be along the lines of, "Hey, we're looking at blockchain!" – it would be more surprising to read a headline proclaiming that a bank is not interested in the technology.
compounded by even more opinions on cryptocurrencies and token sales, as well as a stream of "me too" experiments that seem to repeat what has already been done.[2]
Do you think banks will support blockchain?
Most banks say "we want blockchain but not bitcoin" Can they really use the blockchain without bitcoin "cryptocurrency"?.