Various banks around the world are experimenting with Blockchain technology, which can only be seen as positive news for the future of Bitcoin. One Dutch bank is taking things a bit further, as they are looking into using Ethereum’s concept for their own needs. A smart cash wallet is allegedly in development, which could combine the banking infrastructure with distributed ledgers.
Rabobank Embraces Disruptive Blockchain Technology
As much as some Bitcoin enthusiasts would like to see things differently, virtual currency is not here to overthrow the banks overnight. In fact, most banks and other financial institutions are showing some level of interest in leveraging Bitcoin technology for their own needs. With little to no innovation in the financial sector over the past 60 years, Bitcoin has shaken up things on a large scale.