Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News

FY360° | Blockchain technology will radically change banking

It's more about accounting sytems and much less about cyber currency.


Are we ready for a radical change in what is offered to consumers, how it is offered and who offers it from a financial services perspective? The industry is at the cusp of considering the possibility of such a change. It is radical in that it can redefine the nature of banking and payments. The ecosystem as we know it today will undergo a massive transformation. A new set of players will evolve over time and displace of many of today’s industry leaders along with many of the industry suppliers.

Suppose in the following diagram all the middle men were eliminated and we are left with just payers and payees with a new set intermediaries...

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Mercredi 9 Septembre 2015




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