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The system of endemic corruption worked well when there was no alternative to the banking systems.
Blockchain applications have already replaced “trusted third party intermediatries” to a certain extent. The right question should be "will Blockchain smart contract ever replace banks entirely?”.
Follow this link to get other juicy update on Blockchain info and crypto news: https://www.youtube.com/watch?v=nbPBDTOET0M
By Blockchain/Crypto Gist with Gina Powered by LightBlocksThe system of endemic corruption worked well when there was no alternative to the banking systems.
Blockchain applications have already replaced “trusted third party intermediatries” to a certain extent. The right question should be "will Blockchain smart contract ever replace banks entirely?”.
Follow this link to get other juicy update on Blockchain info and crypto news: https://www.youtube.com/watch?v=nbPBDTOET0M