[2015-12-23] Can Bitcoin Blockchain Technology Save Banks Billions of Dollars...

[tyz]

Can Bitcoin Blockchain Technology Save Banks Billions of Dollars in Fines?

Since the 2008 financial crisis, twenty of the world’s largest banks including JPMorgan, Citibank and HSBC have paid over US$235 billion in fines.
Interestingly, the majority of the fines derived from the banking system’s inefficiency and failure to keep track of sold mortgages and insurance products.

http://www.newsbtc.com/2015/12/23/28131/