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Author Topic: Is Blockchain ever going to replace traditional banking?  (Read 1270 times)

Domithra

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Is Blockchain ever going to replace traditional banking?
« on: March 13, 2018, 07:51:06 pm »
The debate of this issue has been a troubling one even with the experts of cryptocurrencies. What do you think can become of the traditional banking system with the massive turnout of the Blockchain?
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Is Blockchain ever going to replace traditional banking?
« on: March 13, 2018, 07:51:06 pm »


Paulomits

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #1 on: March 20, 2018, 02:08:21 pm »
Maybe... Maybe not... Blockchain could help banks facilitate easier and faster transactions. Before now, its very difficult to self money to people in some countries. But now, it is possible through the blockchain technology.
If banks look for a way to integrate blockchain into their operations, it will be good for them. But if they try to destroy the technology, they'll be taken out instead.

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #1 on: March 20, 2018, 02:08:21 pm »

felixesteban

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #2 on: March 31, 2018, 12:19:21 am »
In the short run possibility is too low also banking system is so powerful and they will try to fight. On the other hand blockchain is powerful  as well and its potential can change many thing in future.
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Stormyblue

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #3 on: April 02, 2018, 12:03:38 pm »
I think there'll reach a time where the governments will adopt and implement part of the blockchain  technology in the traditional banking system.
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RianDrops

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #4 on: April 02, 2018, 12:06:42 pm »
It's possible, but will take too long to happen.
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sergio444

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #5 on: April 04, 2018, 11:47:11 pm »
The battle has already began. Blockchain technology can do massive works than the traditional banking system. Its the main reason why there are a lot of oppositions from all corners of the world to halt bitcoin and other cryptocurrencies.
« Last Edit: April 04, 2018, 11:48:47 pm by sergio444 »

owmivmen

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #6 on: April 05, 2018, 05:43:59 am »
Can blockchain be combined with all projects?

wahyunyarobiyanto

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #7 on: May 04, 2018, 04:39:35 pm »
could happen because the security of data offered by blockchain makes its own points for customers.
low cost, fast transactions, and the convenience offered by blockchain are an important consideration.
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felixesteban

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Re: Is Blockchain ever going to replace traditional banking?
« Reply #8 on: May 05, 2018, 01:34:55 am »
Blockchain seems to be changing its way of doing business in many areas, not just in banking, but in agriculture, education and health care. Many banks are sending money abroad just in 10 minutes by using ripple company's infrastructure.
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███████████████████████████████████████
███████████████████████████████████████
The decentralized
platform services
for the crypto miners
███████████████████████████████████████
███████████████████████████████████████
███████████████████████████████████████
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███████████████████████████████████████
███████████████████████████████████████
Reduces losses of miners
by creating
a new trading platform
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███████████████████████████████████████
███████████████████████████████████████
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● WEBSITE ●   ● ANN ●   ● BOUNTY ●
● WHITEPAPER ●
   ● TWITTER ●
● FACEBOOK ●
   ● REDDIT ●


 

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