[EP293] - Fun with banks!


Hi everyone!

Hope you're all well!
Welcome to my video made exclusively for D.Tube and Cinnamon

So, one of the drawbacks with being interested in emerging and developing technologies is the added frustration when you're forced to deal with antiquated systems/processes.

It's taken 6 days so far for me to try and pay into a loan from a bank account. I know blockchain technology can pay and settle within 3 seconds.

I've worked for banks, I know most of these things are automated, but they delay these customer payments to earn interest of the money in transit and to prolong interest accumulated by the loan. It's super frustrating and there isn't too much about it until some competition arrives in the blockchain space.

I really hope that's soon. Banks have provided an amazing service for hundreds of years... but I hope they're on the way out...

Thanks for watching!

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