Can blockchain replace bank?

[alexsoul]

I'm sure the blockchain could replace banks, but that won't happen anytime soon. The government will not allow cryptocurrencies to destroy the existing financial system. Instead, banks will implement the blockchain in their structure. Perhaps there will be partnerships, as is now happening with the blockchain startup Ripple.

[nemesio]

The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?

I think that even year we can wait at all without any problems. And then it will be several times more difficult and most likely we will think about how to leave the market. Buda I just hope that the situation will change abruptly

[isen]

I think it is very realistic for the blockchain platform to replace the banking payment system. Currently, cash payments are losing their relevance against the background of multiple digital payment systems. Cryptocurrency and payments based on the blockchain platform have great advantages in the speed of transfer of transactions and their minimum cost.

However, the cryptocurrency is still losing cash on a huge number of paramaters. The most important is usability. How do you think how many housewives use crypto currency? Is it easy for a housewife to get a crypto wallet? Until the common people use the cryptocurrency, the market will only be a platform for manipulation and speculation.

[kikoy999]

for the blockchain can not afford banks because of the strengthened and fundamentals of banks most people are depedns with banks so it's less likely to block blockchains.

[Peterdav]

Blockchain can't replace Bank, but i think banks can use blockchain technology in making transactions.

[KolayZdun]

I think that there is still a chance that we will replace banks with blockchain technology. But now it sounds like something incredible and strange. For me, banks are much more familiar and I don't care what happens to them

[Ouyunk]

in my opinion, if in the real world, blockchain will not be able to replace banks, because not all levels of society know about blockchain, especially for countries that do not develop. but for cyberspace, this might can happen without state restrictions, the blockchain will replace the bank.

[BattleZeo]

The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?

Of course. Right now the Bank has blocked my account and I can't use my money. The crypto-wallet is always available 24 hours a day. It's a new paradigm.

[wdnj]

This can happen in the future.
Well there are so many businesses that are using BLOCKCHAIN to get better on their file keeping.
Blockchain can provide more secure transaction and file saving in the world.
It can also send much faster transactions.

[matjas]

The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?

There is no way banks will go down without a fight, and as we know, they have almost unlimited funds to stop crypto from taking over banking. I hope crypto is strong enough to not fall under pressure. 

[RoryDennis]

The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?

Blockchain is the new game. Smart contracts and the high-tech processing of information is what banks can not compete with even in half a century. But banks have their own business, they won't really get replaced.

[aldencio]

The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?

these twonsystems are hotbalkie and we need to remember about that as they can not replace eachnother an dwe need to know that

[jackflag]

Blockchain should not seek to replace the bank, it should coexist side by side, at least while the crypto market is too young, we need more symbiosis of cryptocurrency with things from the real world, such as banks, payments, transfers and so on. When the cryptocurrency penetrates into every centimeter of our life, then we can talk about replacements.

[vike]

The blockchain technology may soon replace the banks, but if we are talking about the next 10 years, then in no case will the banks disappear, but on the contrary, who understand they begin to use the blockchain technology as an auxiliary to the bank itself !

[RiskySanchez]

banks can give us cash while blockchain can make money and all of that is interconnected. one thing is certain blockchain cannot replace banks that have strong legality in managing world money and maintaining stable and structured values

[thinkright]

Regardless of the numerous benefit of blockchain, it can't completely replace the banking system. Banking operations go beyond funds transfer and considering countries which majority of citizens aren't technically inclined.

[ForTheAzerot]

banks can give us cash while blockchain can make money and all of that is interconnected. one thing is certain blockchain cannot replace banks that have strong legality in managing world money and maintaining stable and structured values

Also banks also have a huge influence on the state so they don’t allow the blockchain to replace them.

[max6575]

with use of the customs as the transparency, more to work on reference as practice with the finance service on delivery to turns with gifts of attention as manage on extensive as modest with qualification to helps with the chance as empowering use on casuals with the business transmission of funds displacement.

[paveel90]

I think that this would be the most cool and then our world would be several times more progressive. but the blockchain will stay here for a long time and I think that we should not rush things

[elis74]

I wouldn't say that out loud. most likely there will be some kind of collaboration with ordinary banks. people in the next 10 years will definitely not be ready for such global changes