The Future of Blockchain & its Impact on Banking

[@pattammalvaradarajan9017]

Good erudition sir. Core banking that brings in the revenue to any bank is key to the success of this model. As explained by you, block chain which is sort of eliminates the intermediaries at national level could bring relief in terms of less organizational maintenance charges.

[@vaidyulagsroy8127]

Excellent

[@techedge9956]

Interesting

[@AnirudhaBose]

Bitcoin, not Blockchain.

[@anandr3359]

Its blockchain. Not Bitcoin. Internet is there. you cant say email is the internet. Similar to that

[@AnirudhaBose]

​@@anandr3359 Blockchain is in no way different than a managed cluster of SQL databases. Incentives and network effects are what makes the "blockchain" of Bitcoin interesting. The speaker is too scared to accept that - his bonus depends on it.

[@anandr3359]

@@AnirudhaBose No. It's not correct. SQL databases are depends on centralized server. But Blockchain is decentralized immutable distributed technology. Lot of difference are there.

[@AnirudhaBose]

​@@anandr3359 A blockchain cannot be decentralized or immutable without network effects to enforce it. But hey you're free to use the ICICI bank blockchain if you want - I'm just some random guy on the internet.

[@anandr3359]

@@AnirudhaBose Blockchain is decentralized network. It's having immutable distributive ledger technology. I am Techie guy and Academic background. I am doing research on this. It's having immutable distributive technology. FYI, I am no where to connect ICICI blockchain. Thats none of business. I commented based on the correct explanation on Blockchain. So I am not random guy to speak about this technology

[@sunnymagnuson1809]

Can’t handle his accent gotta go sorry

[@dimpsan81]

Get used to this accent..

[@sunnymagnuson1809]

@@dimpsan81 NOPE