Topic: Why Banks on blockchain? - page 4. (Read 24915 times)
It seems to me because even banks understand that this is a revolutionary technology and it needs to be implemented in its work. I am sure that after 10 years, all will go to the blockchain
what is good and bettere and well proven by all is usually accepted by all and it is very obvious from what blockchain is capable of and is doing. And am not surprise to see banks on blockchain. Blockchain is taking over the world gradually.
https://cointelegraph.com/news/singapore-central-bank-partners-with-deloitte-nasdaq-on-blockchain-asset-settlement/amp
http://news.abs-cbn.com/business/05/21/18/unionbank-to-link-rural-banks-using-blockchain
What is the possible reasons why banks adopt of joining blockchain? Please share your opinions . Is it really helps rural banks and small banks to be more productive and efficient? Is it faster and easier in terms of financial transactions to the mass market and brings down the cost of service?
http://news.abs-cbn.com/business/05/21/18/unionbank-to-link-rural-banks-using-blockchain
What is the possible reasons why banks adopt of joining blockchain? Please share your opinions . Is it really helps rural banks and small banks to be more productive and efficient? Is it faster and easier in terms of financial transactions to the mass market and brings down the cost of service?
Obvious rural banks try to adopt the opportunity of blockchain, Banks can seen the potential of blockchain how they can help them for the fast transfer of each transactions using this new system of technology.
https://cointelegraph.com/news/singapore-central-bank-partners-with-deloitte-nasdaq-on-blockchain-asset-settlement/amp
http://news.abs-cbn.com/business/05/21/18/unionbank-to-link-rural-banks-using-blockchain
What is the possible reasons why banks adopt of joining blockchain? Please share your opinions . Is it really helps rural banks and small banks to be more productive and efficient? Is it faster and easier in terms of financial transactions to the mass market and brings down the cost of service?
http://news.abs-cbn.com/business/05/21/18/unionbank-to-link-rural-banks-using-blockchain
What is the possible reasons why banks adopt of joining blockchain? Please share your opinions . Is it really helps rural banks and small banks to be more productive and efficient? Is it faster and easier in terms of financial transactions to the mass market and brings down the cost of service?
Banks are joining the blockchain because if they do not do it very quickly now, their business may die in the next couple of years. Those banks that implement blockchain now provide themselves with a huge leap forward in the next 2-3 years. Banks will remain Fiat institutions, but transparency should be clean. And not only in private banks, but also in goverment ones.
Blockchain presents a double-edge sword for banks and it could potentially save banks billions in cash by dramatically reducing processing costs. So Implementing blockchain would make banks increasingly profitable and valuable.
Many of banks entire world that adopting blockchain including bitcoin for them to expand and embrace the updating new technology or else they well bankrupt or lose their business because as we can see people was aware on blockchain and they also adopt and embrace it just like bitcoin or other altcoin so that some of banks including here in my country that they need to explore and adopt it for them to expand their business regarding blockchain.
Blockchain helps transparency of financial transactions! The banking institutions will fully confirm and ensure the transaction is made and successful!
Bitcoin is also a successful product on blockchain technology!
Bitcoin is also a successful product on blockchain technology!
I think the only reason if that will ever happen at all is that the bank will discover that the blockchain is the new era of banking and on the total digital manner which does not have any restrictions and third party involvement, but we have always seen the bank operating on an opposite dimension which is why I say, if it will ever happen.
https://cointelegraph.com/news/singapore-central-bank-partners-with-deloitte-nasdaq-on-blockchain-asset-settlement/amp
http://news.abs-cbn.com/business/05/21/18/unionbank-to-link-rural-banks-using-blockchain
What is the possible reasons why banks adopt of joining blockchain? Please share your opinions . Is it really helps rural banks and small banks to be more productive and efficient? Is it faster and easier in terms of financial transactions to the mass market and brings down the cost of service?
Blockchain technology is of no doubt going to take the world with time because of its speed and simplicity. It is super -fast and dynamic, why won't any commercial bank want an exercise that is seamless inorder to serve customers better. http://news.abs-cbn.com/business/05/21/18/unionbank-to-link-rural-banks-using-blockchain
What is the possible reasons why banks adopt of joining blockchain? Please share your opinions . Is it really helps rural banks and small banks to be more productive and efficient? Is it faster and easier in terms of financial transactions to the mass market and brings down the cost of service?
Blockchain is an emerging technology, more secure, not hackcable like the technology cetralized banks used presently, if banks go against it, bank will become obselete completely in few years
You may find that the use of deposits at banks to convert unlawful funds becomes very legal. The application of Blockchain helps transparency in transactions and can quickly check the source of the trade and control it easily.
no doubt banks have come to realize the world financial place is shift from centralization to decentralization and they need to act fast to join the moving train. I am really not surprised because i expected this
Banks want to be on blockchain to be able to sell the buzzword to its clients. I am of the opinion that blockchain without the value token is just a database, and in reality this is what the banks are using.
absolutely right and the bank also uses the blockchain system as an easy out-of-door or everyone's transaction controller, because the blockchain system is transparent and can be seen by many people too
the truth is having analyzed it carefully, the banks came to realize blockchain is the future and since it still at the early stage, it would be to their best interest to adopt its use so when blockchain covers the whole earth they would be in a good position to operate with blockchain
The bank can see the bright future of cryptocurrency which they can't afford to misses out, so they are trying to catch up before the moon comes. Yea
I believe that banks have no choice. They should adopt blockchain or die.
I don't usually like McAfee, but in this interview he's saying right things: https://www.youtube.com/watch?v=mrHPyiKpkXU
I don't usually like McAfee, but in this interview he's saying right things: https://www.youtube.com/watch?v=mrHPyiKpkXU
The whole point of traditional banking systems was to safely store and transfer valuables. This system has been built for centuries.
Now there is a blockchain that can store and transfer valuables securely and without the use of banks. Banks need to keep up with the times.
So with the help of blockchain technology, banks can improve their efficiency and reduce risks. In general, the blockchain reduces the risks of working with unknown counterparties, increases the liquidity of funds and unites people around the world.
I think it would be great if banks soon begin to use the blockchain technology everywhere.
Now there is a blockchain that can store and transfer valuables securely and without the use of banks. Banks need to keep up with the times.
So with the help of blockchain technology, banks can improve their efficiency and reduce risks. In general, the blockchain reduces the risks of working with unknown counterparties, increases the liquidity of funds and unites people around the world.
I think it would be great if banks soon begin to use the blockchain technology everywhere.
if Blokchain and CryptoCurrencies are successful, banks may not need blockchain integration. More precisely, banks may not. I know many projects that if they succeed, they will be able to easily do what banks do on the internet without branches or employees. Including credit!
First of all, the transition of banks to the blockchain will be beneficial to the users of the banks, because everything will be open to their eyes. The costs for employees will also be lower, but the only one minus for them is that they will not be able to steal money as before.
because in addition to lower costs, attractive features and transaction processing are easier and more effective. and I am sure, in the future all banks in the world will work together with the blockchain. and all people are expected to be able to apply it in everyday life. that is the development of banking in the future, in time all of them will be left behind in the competition with blockchain.
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