marzo 28, 2017 | Posted in:Blog

Ignoring Innovation & Disruption

Regardless of the banking system that is conventional threatening, established institutions turn a blind eye with. According to a recent Finextra article, those dividers come on.

Generation X seems to be when looking at the ordinary board members of a financial institutionbitcoin casino deposit bonus free faucet bitcoin casino These individuals constitute the generation who does not like change. Moreover, since things have been going well for multiple decades, there isn’t any point in changing a winning formula and bitcoin casino no deposit bonus 2015.

That may not be the case, although challenger banks are often touted to disrupt traditional banking. Rather they are lured in by the appeal of tamer business models. In actuality, there’s a fantastic chance some of challenger banks will end up a different»taste» of traditional banking, despite trying to sound disruptive to the outside world.

Bankers Lie At Every Turn

Bankers have a strong propensity flip words, or to lie. Financial institutions are concerned with individual customers than they want to admitbest anonomous bitcoin casino bitcoin casino with practice play mode Independent Digital Banking Advisor Duena Blomstrom told the world, and witnessed the situation firsthand:

When we say we are building disruptive new versions that will integrate money into larger digital contexts, but we do not have the backend technology to even begin to understand the information, we lie. When we know as a consumer, as a human, that our needs are close to met in our interaction with our money holder, but we spend no time studying those feelings and needs but say we do, we lie.

That statement seems to hold a lot of merit where blockchain technology in the industry is concerned. Banks are currently researching Bitcoin technology to seem disruptive. But very few of time recognize how the technology works or what it requires to yield benefits. Creating a blockchain will have no impact whatsoever, and it is nothing more than another lie.

It is necessary for consumers and bankers to bear in mind the status quo will not hold. Change is coming, not or whether bankers like it. Consumers are directing these changes, and developers are currently creating the technology. The standard, such as the Bitcoin blockchain, has become the standard.

What are your thoughts on these revelations from the world of bankers? Let us know in the comments below!

Source: Finextra

Images courtesy of Shutterstock, Business 2 Community


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