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RE: Steem cryptoacademy week 6:- home work post of homework given by @gbenga professor
You have explained the importance of the Blockchain to the banking industry.
I will like you to explain how the Blockchain will be used in the banking industry.
Yes sure.
All the transaction should be done using cryptocurrency so that this may be done quickly.(intra-bank transfer or abroad transfer) and this will also reduce expenses and time.
All the records except those which are confidential should be available on blockchain so that everyone can see those in that case this will bring transparency in this sector and alo security. And every penny can be tracked down where is it moving.
And many other things may be done similarly..
@gbenga. Is that correct sir.
@gbenga will my post be not curated by @steemcurator02
Because he has skipped mine and many posts ahead of mine has been curated.
My 2 other post from last week were also not curated.