One industry that stands out in the application of the Blockchain is the banking industry. With the promise of cheaper costs, security, speed and immutability of transactions, banks across the globe appear to be at the forefront of testing/adopting Blockchain applications.
Another reason why banks may be considering Blockchain adoption at different levels is because the technology continues proving to have come to stay. Therefore they are stuck with a “Swim or Sink” scenario.
Whatever the motivation, be it enthusiasm or compulsion, the growth of the Blockchain within the banking sector is a matter of significance.
Full story at http://bit.ly/2u6HcGN
Source: CoinTelegraph
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