Banks adopting blockchain, do you think they would accept the change?

[target]

In the future I think they will try adopting blockchain when international trades are using stablecoins already. They just needed to adopt or they will be left behind in this innovation, the more they see institutions adotiong crypto particularly stablecoins, they will need to cope up.

As far as I know there are already companies using stablecoins in their international trades, the adoption will speed up before they realize it.

[Report]

Do see traditional banking adopting blockchain and adding it into their already established system of operating, to improve efficiency and reduce the cost of running it, can they be competitive and take this opportunities that comes with this technology.

Not sure if the Bank can implement the Blockchain system in all its finances because as far as I know, the Bank already has a centrally integrated system. The Bank has a strong responsibility so that the Bank must be able to control all its customers, while the blockchain system cannot fully control every money in circulation.
I assume the Bank does not need to use Blockchain, it will only waste time and cannot provide perfect service when customers lose money. It is better for us to run completely in the cryptocurrency community with the blockchain system and let the Bank stand alone with its centralized system, simple.

[JISAN]

Do see traditional banking adopting blockchain and adding it into their already established system of operating, to improve efficiency and reduce the cost of running it, can they be competitive and take this opportunities that comes with this technology.

Yes in future every bank will develop their system in blockchain. Because of their transaction history makes secure. Many time we see many news there many illegal activities are included on bank sector. The core team of bank a doing many illegal activities like money laundering and after that they remove the history of transaction from there CPU and server. And many time hackers attack on bank and hack billions of dollars. If banking sector accept a blockchain transaction then all the transaction will be very secure and tokenized. So then everything will go very well

[bettercrypto]

They would accept the change? if they see that this is what most banks around the world are doing even if they don't want to do it, they will be forced to adopt blockchain technology. Or else they will be left behind or their bank business may close.

Maybe other banks are gradually having second thoughts because this is really becoming a trend now, so others are the first to adopt because they know it will
really be popular in the future.

[Asiska02]

Do see traditional banking adopting blockchain and adding it into their already established system of operating, to improve efficiency and reduce the cost of running it, can they be competitive and take this opportunities that comes with this technology.

I don’t know how blockchain relatively operates but I can see some opinions here pointing that it’s relatively low to operate compare to the traditional banking database mode of operation. I don’t just know how this two can co-exist in the same environment without any hassle, so I think the market conditions of both and the negative impact on them to bitcoin is very much what will avoid them from really integrating this. This way it’s very much likely that even though it may later happen, it’ll take a lot of time from now to happen again.

[Zed0X]

I only see articles on few major banks use private blockchains. Many banks have certainly been curious about blockchain for the past few years but implementing it on their system was probably more challenging that they anticipated. Despite being around for years, it seems it's still a new tech for them.

[Stompix]

Yes in future every bank will develop their system in blockchain. Because of their transaction history makes secure. Many time we see many news there many illegal activities are included on bank sector.

And what, the blockahin is safe?
How many robberies, how many scams, how many wallet drains have happened already are not enough to prove you it's not like this?

The core team of bank a doing many illegal activities like money laundering and after that they remove the history of transaction from there CPU and server.

Lol, Luna, Celsius, do I need to continue?

And many time hackers attack on bank and hack billions of dollars. If banking sector accept a blockchain transaction then all the transaction will be very secure and tokenized. So then everything will go very well

MtGox, Bitstamp, Polynetwork, Ronin....lol!