In a press release accompanying the study publication, Bain partner and bank expert Dr. Christian Graf noted that overall, banks are facing a similar upheaval as the telecommunications industry over the last decade. He predicts that "small-scale, purely transaction-driven fee structures will be replaced in the future by flat fees for the provision of comprehensive solutions." According to Graf, banks who act early and begin implementing blockchain tech now “will gain a competitive advantage.”
Online ID Control: Blockchain Platforms vs. Governments and Facebook
Blockchain-based ID platforms will give us data security and control, but at a cost to decentralization.
How The Bitcoin ATMs Work and Their Advantages
Many people are probably dazzled why virtual money like Bitcoin should have an ATM. Besides, others are also asking whether the machines do dispense cash. This article provides answers to these questions and many more. Well, the answer is very simple, Bitcoin despite being an electronic currency it also trades against fiat currencies. This means […]
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