Many banks haven’t found an efficient way to deal with issues like payment clearing inefficiencies, consumer fraud, and the general limitations of fiat currencies.
Blockchain, however, may be the go-to solution for many of these challenges.
Issues Traditional Banks Face Today
Traditional banks and financial institutions have faced some challenges for decades or even, but we have yet to see the technical innovations to mitigate or eliminate them, including inefficient payment clearing processes, fraud and currency options.
