Banks will use blockchain

[Denisliternyjj]

Good afternoon ! Banks have already started using blockchain technology! And they will use it in the future! Since this positively affects the banking system itself in the brow!

[Nurma.A]

clear. it will affect the crypto. all digital currencies will be affected. no exception is bitcoin. will certainly be easier in transactions.

[cryptogirlboss]

yes, they are already in the work many blockchain projects for the biggest banks

but is gonna be mostly a closed or private kind of blockhain where data is shared only between other banks

well at least this is gonna make banks more secure and hopefully they will also give better proces for their services to compete with cryptos

[pat4cryptoreal]

If banks cannot win they have no other option than to join.Just make sure you grab the knowledge of blockchain technology now because there will be a high level of demand for blockchain experts in future.

[mahilchii]

Yeah, banks have and will start using block chain technology since their old traditional way of technology is outdated. There won't be any impact due to banks migrating to block chain for Bitcoin or other crypto currency I think. Slowly banks also will move to crypto market to sustain their business position.

[Golftech]

https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

Not surprised at all, Blockchain is where the future is heading.. If anything we are only at the beginning stages of mass block-chain adoption, from security to smart-contracts.. blockchain offers it all : ) , I wouldn't be surprised if we saw more online-based businesses also implement block-chain.

If they wanted to succeed more and lessen their job better to use blockchain technology, they can't deny the fact that this system will be the future of transactions, so while its still early better to adopt and make it very useful to all,  but who knows when will everything will be established and when
everything will be settled as  a useful transaction medium for every transactions that they will cater around the globe, blockchain is the future the only
matter now is how the banks will use it for their benefits.

[Ilegendph]

Yeah, banks have and will start using block chain technology since their old traditional way of technology is outdated. There won't be any impact due to banks migrating to block chain for Bitcoin or other crypto currency I think. Slowly banks also will move to crypto market to sustain their business position.

I believe the reason for this adaption is to make their service faster because before bitcoin(or any blockchain technology) it took several days to weeks to transfer money between international banks and it needs many requirement that is hassle to the client.

[weblouartisan]

https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

Banks now a days does not have a choice but to agree because there are more people who are investing on cryptocurrency rather than placing their money on the banks and that is the reason why they are scared of bitcoins.

[AmberStephenson]

they have to use it because blockchain is the future

[heureca]

https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

If it will be realized it will be strong impact at criptocurrency market at all. So I hope blockchain technology will be widely used in bank system

[queenlaurel]

Its possible for banks to use blockchain or adopt cryptocurrency,  but they will need the support of people because I believe people own their password or address to their wallets. If I can personally handle my wallet, keep it safe and not pay any dues to a third party, why do I need a bank?

[pinky]

For example of using blockchain technology in financial system: Ripple can be accepted as payment provider for trasnferring money abroad in Western Union payment transfer system. If ripple can achieve this it means we are ahead of big financial revolution.

[JanuaryStars]

It's been said, banks fear the decentralized platform and existence of cryptos.
Somethin thay might throw them out the window!
Well anyway,fiat money is totally different with digital assets.so im pretty sure they'll thrive.
But if they adopt blockchain tech and BTC all the better, this will insure their participation in the future and will secure BTCs future at the same time.
Win-win situation guys

[oegarod]

clear. it will affect the crypto. all digital currencies will be affected. no exception is bitcoin. will certainly be easier in transactions.

Not really, blockchain into the banking industry won't affect the cryptocurrency. Already blockchain technology is being used by several banking firms around the globe. It might serve to be highly a competent to the cryptocurrency network, as it will be functioning on a centralized platform.

[hazznel]

https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

This is the only way banks will be able to survive now. I don't know how to put it, but, the Crypto Exchanges are the new banks of the world. The centralized banks are a thing of the past.
Soon, they will slowly dissapear or adapt.

[Akselrod]

https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not


Soon I think so it will be so. Perhaps crypto currency and survive certain modifications and the market will become more limited and controlled. But everything has long gone to the fact that society is becoming more digital. So why should not it crumble the monetary system?

[Hmei777]

if the bank will use blockchain it will affect the crypto currency. I am very senag if the bank uses blockchain because it will push bitcoin prices up. I really hope the bank can cooperate with crypto currency because previously the bitcoin price dropped dramatically, so I want the bitcoin price up again to reach $ 18,000.

[thenameisjay]

https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

I think blockchain technology will greatly affect the money industry and it will giveway to cryptocurrency to better access of blockchain technology. With people adopting this kind of system in our day to day lives, I wouldn't be surprised when bitcoins now becomes mainstream.

[Yamifoud]

https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

This could exactly help crypto community to become more stronger. Banks adoption of this system really give them chances to participate this largely growing currency that may encourage more users and investors to go along with us. Though some banks won't make a steps on this but it could be a way to become a mirror and walk with us in the future.

[AlexAtom]

https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?

It will be too good if bank using blockchain because cryptocurrency usually disrupt bank system.
and if the bank use blockchain, the blockchain network may congested due the crowded network.