Digital cryptos are the future. Banks already see the value and are testing different blockchains. Blockchain technology improves finacial systems but can also undermind the banking system as well. Its nice to see what the future holds.
Yes this is true as many banks are testing about the blockchain technology and trying to see how they can use it in their system and its demerits as well. Infact couple of months bank ICICI bank was the first Indian bank to test the blockchain technology and did their successful transaction as well.