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Blockchain and disruption in the financial world: Will banks survive?

Blockchain and disruption in the financial world: Will banks survive?

February 12, 2019

Via: Finextra
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The world of banking as we know for many years is in a fundamental transformation process, triggered by new technologies. The most important is blockchain that is said to fundamentally change the way financial transactions are handled today. It is forecasted that this technology will have significant consequences on how traditional banks do business in the future, enabling new business models, deliver new value propositions and solve longstanding challenges, with the well-needed transparency and security in transactions that nowadays involve multiple parties and large amounts of data.

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