The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
I think not. The bank has existed for a long time and it serves all types of customers. People who do not understand technology are still able to access the bank. Blockchain technology is really a great technology but it requires customers to have knowledge of it and some cumbersome operations. So I think blockchain technology only reduces the influence of the bank. 
Topic: Can blockchain replace bank? - page 24. (Read 4177 times)
No. Blockchain is a technology while bank is an organization. They can't replace each others.
Well said bank and blockchain are different, blockchain is the technology and on other hand banks are the organisation. Blockchain technology can be used or adopted in the process improvement of banking works to enhance and make more productive results such as data management, faster transaction etc
blockchain will not replace banks but banks could use blockchain in their service. this will give lot of advantages, such as tranparency, transaction speed, security.
Banks will not be replaced. The problem of insufficient knowledge reserves can't judge you should learn. Don't forget that the emergence of banks has created the financial industry. The cryptocurrency is only the future financial industry. Blockchain is just the core technology. Future banks will also have it.
I wouldn't say they would but banks will play a limited role in the future
They may not be able to know how to win against crypto so they might just join it while expanding the price.It will never happen. Banks may start using blockchain technology, but these financial institutions will not disappear. Today it is impossible to imagine an economy without banks.
People feel that they need banks and they feel that they need crypto yet some don't invest their time reading what is they are doing. The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
It is quite possible, but if this happens, then, apparently, not very soon. Humanity must be ready for this. Anyway, there will be a resistance of the system, new people should come with a completely different mindset, the old fart should leave.
No way it can be replace banks, but it is possible that banks will use blockchain technology as one of their features, it will not totally replace banks, even though blockchain is more reliable and more safer than banks.
The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
Not a total replacement but a substitute to the effective transactions of bank. Well, blockchain technology for me is much much better in transaction speed compared to banks. In this times, we are bound to the internet of things where we buy and sell products and it is very effective when we apply blockchain instead of bank.
Banks will use blockchain technology for their services and they will also invest in projects connected
to crypto. There is rising interest for new technologies and banks are having the infrastructure to handle
this demand.
to crypto. There is rising interest for new technologies and banks are having the infrastructure to handle
this demand.
Banks will certainly not be replaced by blockchains or cryptocurrencys and i am pretty sure about it.
I have read, the first banks are already testing blockchains and they will definitely use them in the future.
I have read, the first banks are already testing blockchains and they will definitely use them in the future.
The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
It would be great, but unfortunately, at the moment it is unreal. The whole world needs to learn what crypto is and appreciate its benefits. It seems to me that this is a very long process. Of course, using crypto is much more convenient, faster and cheaper.
Today a friend of mine boasted that XPR had transferred $ 50 million just 2 cents and within seconds. However, I do not think that by this blockchain will be able to replace the bank. There are many other things that blockchain does not have, blockchain support bank will be more reasonable
The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
i think blockchain wil be used as a replacement for banks and also i feel banks will be in great need because less and less people would require their services, just as echange maybe
I think that the banks will not die. After all, banks are concentrated in the hands of large bankers and officials, and this means that the government will protect them.
The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
It would be great, but unfortunately, at the moment it is unreal. The whole world needs to learn what crypto is and appreciate its benefits. It seems to me that this is a very long process. Of course, using crypto is much more convenient, faster and cheaper.
Blockchain have one way actions, its not possible for banks.
What banks need to do if personal make miss transaction ?
What banks need to do if personal make miss transaction ?
yeas it can, but I doubt that it will happen in nearest 5 year.
Blockchain is in the early stage and we are far away from mass adoption.
Blockchain is in the early stage and we are far away from mass adoption.
It will never happen. Banks may start using blockchain technology, but these financial institutions will not disappear. Today it is impossible to imagine an economy without banks.
emphasis on the bank is always a problem if the conditions of the day do not support those who want millions of rupiah transactions for it, all elements in the bank do not want to be spoken with blockchain
Blockchain can not replace the bank. A blockchain is a technology, and a bank is an organization. But it can become part of banking accounting. Bank as an organization will disappear only with humanity. No technology will make it disappear. 
Jump to: