Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: teamfearless on January 03, 2019, 08:59:25 AM
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We all on blockchain is the future and every all institutions and every country is adopting Blockchain ! Today i wan to ask if Can a Banking Sector can run transactions on blockchain without creating their own Crypto Currency? ..
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yes of course you can, the blockchain is only a new technology that can be applied to banks so that it can be better.
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Yes a bank run financial activities on blockchain without cryptocurrency because cryptocurrency is a virtual online digital binary money and blockchain is an technical technique.
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We all on blockchain is the future and every all institutions and every country is adopting Blockchain ! Today i wan to ask if Can a Banking Sector can run transactions on blockchain without creating their own Crypto Currency? ..
Banks, like any legal entities, can use any cryptocurrency for transactions. However, the most acceptable for banks is the ripple coin, which is already widely used in the banking sector.
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A very interesting idea, but I think that this is possible because I have repeatedly seen news on the Internet that many states are only interested in blockchain technology, which means that they do not need cryptocurrency.