BFSI Sector And Blockchain

[Rajesh Shirsagar]

Is the BFSI sector moving towards a Blockchain Technology?

 

[CryptoTC]

Towards blockchain no dount.

Towards crypto? No way.
They want private blockchain solutions that they can control. I’m starting to think they will succeed in crushing the decentralized movement.

 

[Old Man Crypto]

Is the BFSI sector moving towards a Blockchain Technology?

Towards blockchain no dount.

Towards crypto? No way.
They want private blockchain solutions that they can control. I’m starting to think they will succeed in crushing the decentralized movement.

What TC said. Although xrp and now stellar are seeing bank adoption. I own xrp but I don’t own any stellar...yet. I’m thinking about it.

When they all have private internal blockchains they’ll still have to move money around to other companies who have their own private chains. This is where xrp shines, but it could happen with any other coins too. Cross chain transactions will eventually be developed for this.

 

[The CC Forums]

Is the BFSI sector moving towards a Blockchain Technology?

Yes. It remains to be seen which chains get adopted.