Can blockchain change financial industry?

[sicnarfwb]

I agree that blockchain technology change financial industry in the matter of time, this technology is volatile and theirs no limit of using it for any transaction but it thus need further observation on how to manage and secure the privacy of the developer to avoid any scam or fraud that might cause the market downfall.

[joanamaybe]

Of course it will. Perhaps it will be interesting to observe this. People just have to get used to everything new for a very long time. So in any industry. The trend for change is positive.

[Ravenangel]

Yes , Block chain can change the financial industry, infarct it will revolutionize the FIN TECH sector with. Block chain is already attracting interest frm different sectors of the economy, thanks to its excellent book keeping and its efficiency,With blockchain, lots off Human error that might appear on the spreadsheets are eliminated and the ledger avails accountability to all the stake holders. the transparency that comes with blockchain is its main strength and a main reason a to why it will be a success.

[biznes35]

Blockchain will impact not only the financial system but the entire world as we know it. Blockchain is the future, both for the financial system and for other businesses.

[dimon01]

Blockchain will impact many industries and businesses and it will make a huge impact on everyone who doesn't have special knowledge or technology or tools, because thanks to bchain the technology which never existed before will be widespread and readily available.

[gurunanakji777]

Yes I am sure blockchain will change financial industry. Blockchain technology has huge potential. We will see big revolution in coming years. Through blockchain technology banking sector can take huge benefits. Their transaction will be much faster than before and it will also help to save the cost as well so it will help them to increase the bank profit too. In coming time blockchain technology will be used widely in many sectors its a future technology.

[shelimy]

It propably happen because people in these day want to more clear about their money in the banks... So crypto currency  and blockchain  will become popular in future.

[macit800]

Blockchain will impact many industries and businesses and it will make a huge impact on everyone who doesn't have special knowledge or technology or tools, because thanks to bchain the technology which never existed before will be widespread and readily available.

That is a good point. With the come of blockchain we see nowadays more and more projects on the blockchain. An important part of this projects are in the financial industry, like Ripple. There are more and more companies who are using Ripple and in the future I think that it will be a pioneer in the industry.

[Ayobami99]

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?

Blockchain tech is revolutionizing the fintech for it immense advantages. Talk about smart contracts that eliminates intermediaries and allows users to transact directly, what of assurance of security through decentralisation

[Benarand]

I think you can. But this will take a lot of time and work, since the financial system exists for a century and it will be difficult to destroy or replace it.

[jc89]

Blockchain will not change the financial industry of the world because that change has already been started. Many companies had already adopted the technology, though not fully, yet, but the adoption and change is already there. There's no clear image of what will the blockchain bring when it's technology is being used to it's full extent. The financial industry is not the only aspect that will undergo revolution. A lot more industry will follow this wave.

[Navneet1120]

Yes , it is a great technology and will definitely change almost every industry including the financial ones

[Ogman22]

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?

I aggree that the face of the financial technologies have already changed with the inception of the blockchain for it security assurance

[nikitakittt]

It already changes it, though at first it was not so noticeable, but with the growing popularity of bitcoin, the blockchain was talked about and it's cool !

[ervanikan]

of course, because nowadays it's been one of the big companies that adopt blockchain technology, the technological blockchain makes all transactions more transparent and more flexible

[Charity07]

I believe  blockchain can change financial industry and i am sure it will. But i don't think it happens very soon. Blockchain now is on early period of developing, and it has to pass long way to spread all over the world. People have to want use it, but now the majority of population don't even know what is it.

[@baoli]

Its already changing. I always like that comment on block chain wallet "be your own bank" that's just what it is transactions are going to be quick and fast. Improving on daily transaction rate.

[pekavcilar01]

Absolutely! Blockchain is the biggest thing about the crypto world being so valuable.
Many banks around the world are trying to cross the blockchain base. Many sectors will develop very much thanks to Blockchain.

[senne]

This is a beautifully written article which help us to know about various functions of blockchain, without going into dept it easily helped to know the overview of blockchain usage at various places like banks, health care, insurance industry, government, internet of things (IOT)  =and many more the list is endless as you can adapt this technology according to your needs. If blockchain is widely accepted then it will also help to increase market cap of cryptocurrency.

[iSparta]

Blockchain can change the financial system dramatically! I think that if banks use bchain, people won't need banks any more - they will just conduct transactions without charges and will love it!