So much so that 15% of banks world wide expect to widely implement blockchain, which is a ledger of transactions updated in real time by various institutions, by next year, according to the report which surveyed 200 global banks.
These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail payments, and reference data, which refers to the real-time information sharing of transactions across business divisions and institutions.
In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.
We should buy bitcoin now, because of the fact the fact that it is not that expensive these days. As a bitcoin investor, one should be able to know the full extent of how high bitcoin’s volatility can go, based on it’s performance in the past few years. From there he or she can be able to decide when to buy.