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RE: We will make Banks Compete -- All People Benefit!
It needs a lot more developments for replacing the traditional banking system. It needs more time.
It needs a lot more developments for replacing the traditional banking system. It needs more time.
As I said in my introduction, "the current blockchain infrastructure needs to be further developed to sustain p2p lending."
There's a need for staunch development before we can adopt an overhaul of the current banking system. Meanwhile, DCC's concept is easily applicable even at present. It's not an overhaul of the banking system, but makes way for competitive pricing of services.
right said lot of development still required to change the whole system