How to Disintermediate the Commercial Banks | SmartCredit.io
Welcome to this blockchain presentation video by SmartCredit.io. In this video you will learn about blockchain disintermediation of commercial banks.
How to disintermediate the banks? That's an easy question and it has an easy answer too:
We need to disintermediate the key functions of the banks by implementing:
- decentral credit and credit-money creation
- wealth management automation
Other key functions of the banks like:
- safekeeping of the assets
have already been disintermediated.
By disintermediating the key functions of the banks we will disintermediate the banks.
The result is Decentral Autonomous Bank - the DAB, the fully automated banks, empowered by the blockchain