January 2019
Intermediate to advanced
258 pages
7h 12m
English
Besides the obvious risk of deposit outflows, there are several other ways in which blockchain can transform different areas of banking.
In this section, we will discuss blockchain's impact on various banking functions, which are listed in the following diagram:

This isn't a short list, but all of the topics are really interesting. So, let's get started.
Billions of dollars are paid in banking fees each day. Some of these fees are clearly shown to customers and are for services rendered, while others are less obvious and arise when banks carry out operations related to foreign exchange, ...
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