Former Bank CEO tells banks to embrace the "blockchain" before they become "IRRELEVANT....

in #news7 years ago

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Former Barclays Bank CEO , Antony Jenkins, has warned banks to embrace the blockchain technology or they risk their own "Kodak moment".

For those of you familiar with Kodak, they were the champions of film before digital camera's and they have become a shell of what they were at one time.

Being the true banker he is, Jenkins is speaking from his current position as he now is with another Blockchain company that will capitalize on the banking reforms with the Blockchain.

Love to see this..."there is no honor amongst thieves" with the bankers.

Source:
https://cointelegraph.com/news/former-barclays-ceo-warns-banks-of-kodak-moment-pushes-to-embrace-fintech

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They can either get on board now or risk getting left behind. Thanks for sharing

All good my friend....let's get our popcorn ready for the next scene.

It's definitely the future! It just makes sense all around!

Totally agree....and it makes sense for sure. I just love how a banker turns on the other bankers (in a way). I like to see more of this as they testify in court in regards to silver price manipulation.

lol, true indeed

I thought you would like that... :-)

I do like it, of a truth they will become very very irrelevant if they don't adopt it very very fast. The world is changing and not changing with it is like Captain America who got lost in history only to wake up and find that the world has gone too far for his comprehension.(From the movie Captain America)

Haha totally agree,the next few years are going to be a turning point in time,can't wait for to see what the future has waiting for us. (I remember Kodak)

Could not have said it better !

Bankers are sharks. They are they are there to make money. They don't care where the money comes from.

This is why the leap to crypto's will be fought ....until it can't ...and they will switch sides....I can hope can't I ?

Nice one.. soon it will be.. blockchain technology is great.. but improvement shall be made time after time

What I like is that corruption "might be harder" to pull of with the blockchain

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