Blockchain, Payments, Disruption, Use Cases and Real-World Examples: Recent Developments
Credit Suisse, Citibank and the World Economic Forum have all come forth with predictions about the potential for blockchain, ranging from improved tracking for payments and streamlined international payments to the elimination of the clearing house. Finextra provides a good summary or recent blockchain developments.
Digital Banking Manifesto
Rather than enter the report fray, MIT’s Connection Science & Engineering department puts the new narrative of cooperation aside and poses the question, “The end of banks?” Over time, yes. In the meantime, no. For the foreseeable future, banking will remain banking, not an ideal digitally integrated, invisible, and frictionless experience.