Why are Banks Adopting Blockchain Technology

Banking institutions across the globe have taken several moves towards digitalization-driven business models like mobile banking. However, when it comes to blockchain in banking, the efforts have been fairly sidelined. The hesitation that banks are showing contrasts the interest that the blockchain technology is getting across other industries. A sign of which can be seen in the fact that the technology is poised to grow from $4.9 Billion in 2021 to over $67.4 Billion by 2026.  SEE MORE