Competition to Drive Blockchain's Dominance, Not Technological Advancements
The financial sector is plagued by misconceptions, such as the notion that traditional finance is centralized, when in fact, the global banking system is highly decentralized. Another myth is that outdated technology is the primary cause of high costs and limited access to banking services, when in reality, regulatory hurdles and a lack of competition are often to blame. Mainframe transaction pro…
Nov. 7, 2024, 7:58 p.m.