Sep 28, 2016 at 15:51
The Real Problem Of Bitcoin Acceptance In Russia
Despite all the negative attitude towards Bitcoin and cryptocurrency, in August employees of Sberbank, the largest bank in Russia had an opportunity to buy hot drinks for Bitcoins from the coffee stand located right in the same building as the bank’s central office in Moscow.
Sep 12, 2016 at 14:30
What Do Banks See In Blockchain Technology?
Efficiency and technological advancement are two characteristics of the future. Banks have begun to realize that the traditional method of doing business is not the most efficient way to do business; therefore, they have turned to blockchain technology to cut costs and increase efficiency.
Sep 05, 2016 at 14:34
Traditional Banking System Will Be Completely Broken In 3-5 Years
German Gref, the President of Sberbank, the largest bank in Russia and Eastern Europe, and the third largest in Europe, spoke about the complete breakdown of the traditional banking system within just 3-5 years. He predicts giant changes in the banking industry sooner than most people expected.
Bitcoin As A Means Against Banking Crisis In Italy
The banking crisis in Europe goes even further in Italy. While in countries like Germany and France we see only a decline of major banks’ asset prices, in Italy besides the banking crisis itself another problem occurred - civilian Italians began to distrust bank transfers and payments. One of the possible solutions may be Bitcoin, which can serve as a salutary means, grow in price and even get official recognition in the country.