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How will emerging technologies like blockchain, AI, and biometrics transform digital banking in the coming years, and what impact will this have on customer experience, security, and accessibility of financial services?
I think in the future, decentralized finance will rule. Instead of government controlled fiat currency, crypto currency will be more common, instead of traditional banks, decentralized banks will be more common. I don't think traditional finance will be completely replaced but I believe decentralizeRead more
I think in the future, decentralized finance will rule. Instead of government controlled fiat currency, crypto currency will be more common, instead of traditional banks, decentralized banks will be more common. I don’t think traditional finance will be completely replaced but I believe decentralized banking will become more common and these banks will exist in the virtual world, mostly in the blockchain.
See lessI think the emergence of Blockchain and AI technology will make online banking much faster and convenient. There is also a high chance that most online transactions will be decentralized with many people embracing cryptocurrencies wholeheartedly. But I also know that the governments will fight decenRead more
I think the emergence of Blockchain and AI technology will make online banking much faster and convenient. There is also a high chance that most online transactions will be decentralized with many people embracing cryptocurrencies wholeheartedly. But I also know that the governments will fight decentralization by banning and coming up with policies against it.
All in all, digital banking is to undergo massive change which of course will come with it’s advantages and disadvantages. It is up to businesses to know which ones to embrace and what safety measures to take up.
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