Blockchain Technology For Banks

[Dinid]

Hello Mate,
Blockchain technology can be applied and integrated into  Banking or Payment System in the world.
So the payment services become faster, easier, cheaper also more open and trackable to the public.


Practical Examples Of How Blockchains Are Used In Banking And The Financial Services Sector :
https://www.forbes.com/sites/bernardmarr/2017/08/10/practical-examples-of-how-blockchains-are-used-in-banking-and-the-financial-services-sector/amp/


The Blockchain In Banking Report: The future of blockchain solutions and technologies :
https://www.businessinsider.com/blockchain-in-banking-2018-5

[pelana vreo]

the blockchain is great for keeping track of all the transactions we do, if blockchain is used for bank transaction systems, I think it's a good idea to reduce fraud that often happens today

[topicmaker]

It is very important for banks in terms of costs and speed.each bank needs to take this technology into their infrastructure.this is a must for competition amongst themselves.

[Bica]

Banks will cease to exist. Everyone can make transactions on their own. Why do you need the third link?

[Vakaxacompany]

Vakaxa is a Blockchain company that specializes in the development of Blockchain solutions in Bank. If you are interested, pls contact us via telegram: @vakaxasupport

[pedangrusak]

blockchain in the banking world will be very effective and fast in making transactions, blockchain has a faster completion of tasks than the current banking system.
blockchain is a decentralized ledger and this will benefit all parties related to customer and bank data

[Dinid]

It is very important for banks in terms of costs and speed.each bank needs to take this technology into their infrastructure.this is a must for competition amongst themselves.

Not third link, I mean.
Banks can adopt blockchain technology to improve their performance.
Still be the same, just between banks and us (user), no third link needed

[Speaker]

Banks have often used blockchain for their own purposes. They do this to reduce the cost of interbank transactions , to reduce fees and speed of transaction processing.

[Dinid]

blockchain in the banking world will be very effective and fast in making transactions, blockchain has a faster completion of tasks than the current banking system.
blockchain is a decentralized ledger and this will benefit all parties related to customer and bank data

That is. Blockchain has many advantages.
Maybe, the banks are still considering what positive and negative impacts might occur. 

Vakaxa is a Blockchain company that specializes in the development of Blockchain solutions in Bank. If you are interested, pls contact us via telegram: @vakaxasupport

Sorry, I don't know what it is. Never heard before.
 May be you can tell more first.
You can make announcement threat, and give clear explanation about that.

[paolobaltimori]

Blockchain is a technology that can really help finance to improve security and transparency so I really hope to see the development of roadmap of many projects involved in this sector. This can really change the way we make investments and transactions everyday

[Dinid]

Banks have often used blockchain for their own purposes. They do this to reduce the cost of interbank transactions , to reduce fees and speed of transaction processing.

Thank you so much for the info. I'm not a banking person, so I don't know too much about banking sector. Looking forward for this.

Would you give a preview please?
What do you think if banks use blockchain explorer publicly ? Maybe there are many negative effects onto consumer privacy?

[Dinid]

Blockchain is a technology that can really help finance to improve security and transparency so I really hope to see the development of roadmap of many projects involved in this sector. This can really change the way we make investments and transactions everyday

Regarding banks, may be they will not launch any ico project, I think. The most possibility is,  they are keep using their official fiat currency.

It is very important for banks in terms of costs and speed.each bank needs to take this technology into their infrastructure.this is a must for competition amongst themselves.

Very nice I think, if only
takes a few seconds to send and receive money abroad via banking remittances that use blockchain, with a very cheap fee

the blockchain is great for keeping track of all the transactions we do, if blockchain is used for bank transaction systems, I think it's a good idea to reduce fraud that often happens today

Nice idea. That means, we can say good-bye to money laundering, corruption, and illegal fees 😁

[I-Bit]

Actually, the utility of blockchain technology is very wide. This technology is really applicable in some fields that will make the running system to be fatse, more practical, easier, and also more affordable as you said. For now, I think that there are some banks in this world that adopt the blockchain technology. However, they are not fully system by this blockchain technology.

[debra]

I agree with this statement. Indeed the Blockchain system is very well suited to be applied in banks or other financial institutions. Because the advantages of this system are very good for users, which is faster, easier, cheaper and more open and traceable to the public than having to use a centralized system that is not cost-effective.

[Bit]

I believe Blockchain technology will be adopted massively for all banks in the world in near future. Blockchain technology makes more effective in transaction. It also becomes transaction faster than usual way. This reasons make Blockchain technology potentially to improve banks.