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Title: [2015-05-13] Blockchain Tech Could Improve Banking, Says EBA Report Post by: Grand_Voyageur on May 13, 2015, 07:56:43 PM Blockchain Tech Could Improve Banking, Says EBA Report
Quote Blockchain technology has the potential to reduce costs, improve product offerings and increase speed for banks, according to the most recent report from the Euro Banking Association (EBA). Founded in 1985 and supported by the European Commission, the EBA is a practitioner's body for banks and other service providers that promotes a pan-European payment system and business practises. Despite mostly dismissing digital currencies – the report notes they differ from "legitimate fiat currencies" – it asserts their applications are essential for "gaining more advanced knowledge of crypto technologies". Full story: http://www.coindesk.com/blockchain-tech-can-improve-banking-says-eba-report/ (http://www.coindesk.com/blockchain-tech-can-improve-banking-says-eba-report/) Title: Re: [2015-05-13] Blockchain Tech Could Improve Banking, Says EBA Report Post by: bitbouillion on May 13, 2015, 09:18:05 PM Could improve banking? It actually makes the bank as middlemen obsolete.
Title: Re: [2015-05-13] Blockchain Tech Could Improve Banking, Says EBA Report Post by: bitbouillion on May 14, 2015, 01:20:02 AM No one uses banks as middlemen.
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