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Topic: Can Blockchain Replace Banks? - page 17. (Read 5528 times)

legendary
Activity: 4466
Merit: 3391
July 11, 2019, 01:45:40 AM
#2
Bitcoin (and other cryptocurrencies) can replace some of the functions of banks, but not all. Bitcoin can't make loans, for example.
member
Activity: 186
Merit: 12
July 10, 2019, 09:37:31 PM
#1
The creation of blockchain came with possibilities and predictions of a future where intermediaries could be eliminated entirely. It is capable of executing millions of transactions within seconds at a lower transaction cost and requires no centralized authorization.

With the blockchain trend going on as strong as the moment, is it possible that blockchain will replace banks any time soon in the future?

More here: https://www.hb-wallet.com/post/2018/12/20/can-blockchain-replace-banks
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