Can blockchain change financial industry?

[waaat?]

Some of projects can influence on this branch. For example Fusion offer solution like a hard temp loan. And I saw other projects with interested ideas. And I'm sure that financial companies are not stupid. That's why I wait much changes there

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[crestella]

Of course, why not, in this advanced era like now what people want instant and fast and online then cryptocurrency creates a digital currency blockchain that can be stored and used anywhere as long as it is connected to the internet.

[gunhell16]

Blockchain will definitely change the financial world,
better than what FIAT did before as it changed also the payment before after barter.
everything will be better and we really need upgrade bout this.

[kayakcrypto9875]

Blockchain not only changing the financial industry but also helping individual to be financially stable. Because of cryptocurrency people are getting new ways of income. Also blockchain technology contributing supply chain and record keeping industries.

[hrunya102]

blockchain is a tool that can help us to change the financial industry. Without people's support, there's nothing he can do. So everything is in our hands.

[Mix_Fix]

Banks afraid blockchain technology and cryptocurrency. If people will understand that banks can be replaced, they can kill most of them. Also I think that blockchain is on early stage on evolution and in future we will see more features and less problems.

[Na1l]

I truly believe it can. Right now it's just the beginning for it, but i have no doubt that blockchain and crypto will achieve huge results in future.

[nirmalakk]

 Banks are already experimenting with blockchain technology. My understanding is that they see potential for its benefits but want to create their own centralized blockchains rather than use Bitcoin or any other decentralized open ledger. This shows that this technology is relevant and is probably here to stay and even if banks don’t use Bitcoin, I think there is room for many variations out there.

[jessicaldiaseso]

It will definitely change the financial industry, blockchain is transparent and tamper-proof form of transaction. But in the future I think it will bring tremendous changes to many industries. Its decentralization makes it possible to save a lot of the cost of some industries. I think it will greatly facilitate people's lives.

[50ouncebrew]

Blockchain technology has actually started to change the financial industry as we speak though the impact of blockchain on the financial industry is not yet very visible but with time, it will show up. Some banks have already started to adopt blockchain technology into their modes of transactions to make their transactions more efficient, this just goes to show how much the blockchain technology can do

[EzatorFI]

Blockchain is new technology which change a lot of things in the world. In nearest future a lot of things will be based on it.

Here is an article: https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything

Author claims, that blockchain will be able to change financial industry. What do you think? Do you agree?

Of course it can! If you compare how many companies start using blockchain every year, this number is rapidly increasing. Need time. If we are talking about the world financial system, then we need not 1 or 2 years

[KroFly]

Certainly, the blockchain itself will affect the change in the banking sector and the impact on the economy, and the change in the blockchain will be in the direction of centralization. And then it's so easy we will not get big profits from this.

[_yoshi]

I would say yes blockchain can change the financial industriy, and maybe it also has already. So when you look at bitcoin, you see a cryptocurrency. Its technically a good coin, but its just an experiment. The value actually escalated a little bit. But the base is very good for a cryptocurency. It just needs to be more developed, and maybe one day it can handle all crrency transactions of the world. So you can be sure, blockchain is here to stay!

[curnez88888]

I think like smartphones that interfere with the journalistic industry or retail stores, blockchain will also overshadow the financial industry. And in the future I think all business sectors will adopt a blockchain system.

[win365]

 I think that blockchain technology can change the world but even more important thing is for people to try and do that, because without enthusiasts it is impossible.

[TastyChillySauce00]

Some company happen to use blockchain for financial purpose because of its efficiency compared to traditional method. I'm pretty sure that in the future, bank will use blockchain aswell to replace their traditional method too.
The blockchain proves to be transparent, fast and easy, although the scalability is not that good at the moment, but when it's used by a company, it doesn't need that much scalability.
If you are curious, you can read about blockchain implementation news from various source, even big company have started to make a development from it.

[ad8z77777711]

I believe that blockchain technology will change not only the financial system but also the whole world. Because we love the blockchain. There's a lot of money, and the system of the future.

[imToken]

Cryptocurrencies are not receiving much attention in the financial industry. Those whales put more money into stocks and futures. So there is a process of cryptocurrency changing the financial industry. With the popularity of blockchain, I believe that This will be achieved.

[Cryptodrees]

Definately it can reform the financial industry with adequate widespread of blockchain to while wide world for accessibility.I never had the that blockchain change the financial industry but today in the world it is though yet to circulate.By so doing ;it is not impossible that blockchain technology will be developed again for a variety of purposes that are beneficial to mankind.

[hoanguyenn203]

Surely could be something extremely innovative: defeating scam, for example. In my opinion is something still at its beginning which need development and investments on it but potential it could be a revolution overall, something like Internet at its time.