According to Dr Gideon Greenspan, founder and CEO of Coin Sciences, banks are not really interested in dealing with cryptocurrencies, but they are interested in using blockchains as tools to improve the efficiency of their processes. “Banks have been very slow to adopt digital currencies because it is a new technology that has yet to be fully understood by banks,” he said.
According to Dr Gideon Greenspan, founder and CEO of Coin Sciences, banks are not really interested in dealing with cryptocurrencies, but they are interested in using blockchains as tools to improve the efficiency of their processes. He claims that if banks can be assured of their processes remaining private, and that they have complete control of the system, they will not hesitate to adopt the technology.