Addywealth
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Activity: 294
Merit: 1
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April 19, 2018, 11:51:08 PM |
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Leading banks and financial institutions are pioneering the development of Blockchain technology and Blockchain-based platforms with a long-term vision and strategy of eventually replacing the entire banking infrastructure with the Blockchain-based protocol
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Harrisonimo
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April 20, 2018, 12:01:12 AM |
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Just like I did mention in one of my earlier post that some banks in my country have affiliation with some of these payment platforms all in the bid to facilitate payment and I believe they will have their own share. Also, I believe they are doing some study already on how to incorporate the blockchain into their operations too. |
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aryaadikariyansyahsuwarto
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Merit: 101
This Is Promissing Project
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April 20, 2018, 12:08:27 AM |
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it could be good news, and bad news. the good news is that bitcoin will become more expensive, because people can use it, then bitcoin prices will increase significantly. But the bad news, bitcoin will be arranged by the bank, made taxes, and the bitcoin system will be created like a bank system, which in every transaction will be taxed and interest, I really do not like such a system. because it is very harmful for us.
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jeremypwr
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🤑 Free Bets have been credited 🤑
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April 20, 2018, 12:11:05 AM |
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Have you ever heard of Ripple? Here is a perfect example of how banks will use BC technology in the future: https://ripple.com/use-cases/banks/One of the reasons I'm a holder of XRP. |
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Jeepney_koh
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Activity: 182
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dApps Development Automation Platform
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April 20, 2018, 12:48:19 AM |
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This is what I have been waiting for. Banks will really need to adopt the new trends and innovations, or else they will left behind. This is a good news because more and more people in the local area will be able to use blockchain maybe directly to the banks. |
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Decentralized Development Automation Platform
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TomUyamot
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April 20, 2018, 12:58:38 AM |
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It affects the cryptocurrency in a positive manner. As I have always believed, the banks need to adjust and be more friendly to cryptocurrency if they want to remain relevant to this world which is fast developing technologically. If they insist in their old banking system, they will really be knocked out by cryptocurrency sooner or later. The blockchain technology is one of the best features of cryptocurrency that they may inject into their system. |
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proTECH77
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Bisq Market Day - March 20th 2023
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April 20, 2018, 12:59:25 AM |
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Blockchain technology is a new kind of technology that I believe most institutes or sectors would want to adopt. Considering the fact that banks are threatened by cryptocurrency, I believe in order for them to still in operation, they will definitely want to adopt the blockchain technology.
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cyriljundos
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Bitfresh - iGaming with 90s UI
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April 20, 2018, 01:07:37 AM |
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Certainly the bank will actually use that blockchain because the bitcoin starts adoption for easy process
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charlzyeby
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April 20, 2018, 01:31:20 AM |
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The world is becoming more technologically inclined everyday. Despite the doubts people have about cryptocurrencies, blockchain seems to woo many countries because of the transparency involved in blockchain and the fascinating speed blockkchain works with. Banks are observing closely and they are likely to enter blockchain a few years' time. The long term effect is that bitcoin and cryptocurrencies will become household names and unnecessary FUDs will be very minimal.
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CrystalPham
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April 20, 2018, 01:35:14 AM |
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This transaction involves the exchange of securities through an application of HQLAX Financial Technologies. Credit Suisse and ING are among the best examples of real capital swaps, using Blockchain technology. Banks around the world are now investing heavily in Blockchain to cut costs and simplify procedures. Despite the trials and transactions that have been successful, the application of blockchain technology in the financial sector is still in its infancy.
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lodcoling
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April 20, 2018, 01:36:20 AM |
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If Bank introduce blockchain technology then I think generl people will feel free to use it. Many people involve themselves with this system even who felt doubt to use it. The system will also safer for the user. On the other hand Government will get benefit if people transect their financial activity by blockchain technology through Banking Platform. Govt can bring it under the tax. Besides these every transaction will be monitored by law influencing authority. But general people will feel safe.
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lantan81383628
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April 20, 2018, 01:39:59 AM |
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Block chain is one of the hottest topics in financial services industry. By making full use of it, Banks can process payments faster and more accurately, while reducing transaction costs and potential risks. |
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Hwijaya29
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Merit: 10
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April 20, 2018, 02:28:09 AM |
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It be news in my country too. Bank central of my country also will do this. I thin it will make transaction within bank account better and faster. Hope it will happen soon
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