There is any Bitcoin "products" for Banks?

franco123

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Quote from: Itskok on February 07, 2017, 01:04:35 AM

I am wondering if there is any dedicated solution for integrating Bitcoin with "real" banks?
Some special "wallet"? Or any other infrastructure products/companies that should helps banks implement Bitcoin in an easy and secure way?
I am not talking about all the "Block-Chain" companies out there who trying to build their "shared" database with banks, I am talking about Bitcoin as we know it.
I believe that some of the banks are already works on such an integration, I just wanted to learn about the market in that area.

Thanks.

I am not sure in particular on whether there are banks who are implementing and adding Bitcoin activities. But I think where will be. In fact, as the Bitcoins continues to grow, banks will grab the opportunity on being part of it's success. They may provide programs or even add to their banking activities the cryptocurrency trading to keep up with what the new generation's investment preference. Maybe one program they will add is the mutual fund for cryptocurrencies where in they analyze and trade for you according to your risk appetite.

hyipinvestor

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yes

keljuKGambler

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Banks are highly regulated by goverments in any country I know. Thus bitcoin would need legal status first before any bank could accept it.

similarcryptos

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Quote from: Itskok on February 07, 2017, 01:04:35 AM

I am wondering if there is any dedicated solution for integrating Bitcoin with "real" banks?
Some special "wallet"? Or any other infrastructure products/companies that should helps banks implement Bitcoin in an easy and secure way?
I am not talking about all the "[Suspicious link removed]panies out there who trying to build their "shared" database with banks, I am talking about Bitcoin as we know it.
I believe that some of the banks are already works on such an integration, I just wanted to learn about the market in that area.

Thanks.

Technology wise it is possible but the main question is the interest of banks.
See the market is fluctuating like hell no trusted financial can risk their customers money with bitcoin.
yes your idea can be implemented but maybe in next 5years and after as i hope by then this currency market will get stable eventually .

s2

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We have a solution that a bank approached us to license, not planning on selling it publicly yet but they saw our engine in action and wanted it for a POC they are running.

Happy to have a discussion if there is someone else also after such a system, just PM me and I can offer some details.

Riya R

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I don't think that banks will welcome bitcoins. But, heard that swiss bank offer the richest of its clients some bitcoins. In the future when bitcoin gets accepted all over the globe, there is a chance that banks also start accepting bitcoin.

CryptotradeGMO

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Banks maybe control Ripple

Viscera

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There are lot of cryptocurrency who offers their product in the banks just like Ripple and its competitor Xem. They targets banks so the transactions speed are much more efficient and then the security data usage that they offering

Lanatsa

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Quote from: Mrprobit on October 20, 2017, 01:24:51 AM

Quote from: ethereumhunter on February 07, 2017, 02:45:58 AM

i don't think that there will be a special wallet that can be used for bitcoin and the bank, its better to have each of wallet for bitcoin and bank. i think if bank is using the blockchain technology, then bitcoin will be include in the transaction and can be act like fiat as new type of money.

I am new and curious also, as per i know the core purpose of bitcoin is to decentralized the wealth,But if bank stating using it banks will hold and significant number of bitcoin and then they can control the price and make it centralized cause they will hold our private keys.Am i wrong with my point still confused.. Huh

The main purpose of bitcoin is having a new way peer 2 peer system transactions which you can actually read up on its white paper but yet you can really hide your wealth there since its a decantralized thing. Bank can only use up the blockchain technology but not on Bitcoin itself since it cant really be controlled by anybody which means any institution wont really bother to accept or adopt its since they already know its feature which isnt really necessary to be used at all.

Capazoolo

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Main problem between bitcoin and Bank is only verify your ID so that if you verified it will use btc

Mrprobit

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Quote from: ethereumhunter on February 07, 2017, 02:45:58 AM

i don't think that there will be a special wallet that can be used for bitcoin and the bank, its better to have each of wallet for bitcoin and bank. i think if bank is using the blockchain technology, then bitcoin will be include in the transaction and can be act like fiat as new type of money.

I am new and curious also, as per i know the core purpose of bitcoin is to decentralized the wealth,But if bank stating using it banks will hold and significant number of bitcoin and then they can control the price and make it centralized cause they will hold our private keys.Am i wrong with my point still confused.. Huh

YackBallz

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if the goverment make bitcoin be legal
then the bank likely set a busness for bitcoin
actully, some center bank already learn how to use bitcoin technology,
this is a good sigh

Jameseversmile

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It's simply ripple, but I heard that some banks are thinking of accepting bitcoin

Doclam

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Quote from: Itskok on February 07, 2017, 01:04:35 AM

I am wondering if there is any dedicated solution for integrating Bitcoin with "real" banks?
Some special "wallet"? Or any other infrastructure products/companies that should helps banks implement Bitcoin in an easy and secure way?
I am not talking about all the "[Suspicious link removed]panies out there who trying to build their "shared" database with banks, I am talking about Bitcoin as we know it.
I believe that some of the banks are already works on such an integration, I just wanted to learn about the market in that area.

Thanks.

Ripple coin is doing exactly this.

dunfida

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Quote from: bitbunnny on October 12, 2017, 01:18:48 PM

Quote from: madwica on October 06, 2017, 02:00:31 AM

I do not think that banks will adopt blockchain technology with digital currency, bitcoin is not yet treated as centralized currency and bank only accept centralized or money that having physical figures. I think if bitcoin start to adopt by all governments and it will make it legally accepted and then bank will start to adjust their system or upgrade to include the blockchain transactions because bank is regulated by the government. Also it will be great if we can transact into the bank directly with our bitcoin it is easy to buy and sell bitcoin. And it will be good to make bitcoin much more popular because bank will directly introduce to their clients about bitcoin ofcourse it will be included in their annual target or projection.

I think they will. In fact banks already test blockchain technology big time and they are very interested to use it. Some of them even tested Bitcoins and having some ideas about offering Bitcoin services to their clients. I haven't made that up, a friend from financial industry told me so.
Maybe at the begininig banks were strongly against Bitcoin but now the situation is changing and I wouldn't be surprised if in few years time they will offer Bitcoin services.

They would only get the idea or innovation being used on bitcoin which is using the blockchain technology and this is only the thing i do see that make them interest rather than on talking about making some collaboration with bitcoin itself. There would be no products or any special wallet which traditional banks would create for the sake on connecting into bitcoin. They would rather utilize the blockchain technology on their own prospected plans which do come up into their minds.

Karimeen

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I do say there is bitcoin products for banks ,the first bank offering to buy bitcoin for its clients is the Swiss bank.Investors can ask their asset manager at Falcon private bank,a boutique investment from headquatered in Zurich to purchase and store bitcoin on their behalf-a first for conventional banks bitcoin is decentralised and relies on computer network that anyone can join to check the legitimacy of transactions.Every bitcoin is accounted on a digital ledger, the blockchain records how many coins each digital wallets hold.

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Quote from: Itskok on February 07, 2017, 01:04:35 AM

I am wondering if there is any dedicated solution for integrating Bitcoin with "real" banks?
Some special "wallet"? Or any other infrastructure products/companies that should helps banks implement Bitcoin in an easy and secure way?
I am not talking about all the "Block-Chain" companies out there who trying to build their "shared" database with banks, I am talking about Bitcoin as we know it.
I believe that some of the banks are already works on such an integration, I just wanted to learn about the market in that area.

Thanks.

I don't think that there are banks for bitcoin. Theoretically, bitcoin is not globally accepted yet, to consider it as world acknowledged money. Although, you can use it to buy certain products. I have tried buying clothes online using bitcoin.

Xylber

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It is obvious that Bitcoin or any decentralized, free, and open cryptocurrencies is not a good thing for banks. Banks create money, and they will adopt in the near future money with a private and centralized blockchain (with the control of money creation).

bitbunnny

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Quote from: madwica on October 06, 2017, 02:00:31 AM

I do not think that banks will adopt blockchain technology with digital currency, bitcoin is not yet treated as centralized currency and bank only accept centralized or money that having physical figures. I think if bitcoin start to adopt by all governments and it will make it legally accepted and then bank will start to adjust their system or upgrade to include the blockchain transactions because bank is regulated by the government. Also it will be great if we can transact into the bank directly with our bitcoin it is easy to buy and sell bitcoin. And it will be good to make bitcoin much more popular because bank will directly introduce to their clients about bitcoin ofcourse it will be included in their annual target or projection.

I think they will. In fact banks already test blockchain technology big time and they are very interested to use it. Some of them even tested Bitcoins and having some ideas about offering Bitcoin services to their clients. I haven't made that up, a friend from financial industry told me so.
Maybe at the begininig banks were strongly against Bitcoin but now the situation is changing and I wouldn't be surprised if in few years time they will offer Bitcoin services.

CryptoSpark

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Bitcoin's a dirty word in banking circles. They love blockchain but they tend to avoid Bitcoin like it'll give them the plague. I don't agree with it, they're missing a real opportunity but don't expect any support from them.

Topic: There is any Bitcoin "products" for Banks? (Read 4730 times)