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Blockchain reduces a lot of operational costs for banks: Amit Sethi, CIO, Axis Bank

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If you join a network like the Ripple network that we have joined, it automatically makes you a part of the network thereby doing away with having formal arrangement. That may be futuristic as of now. But it will happen once the Blockchain network becomes popular and that would be a paradigm shift in the way the banking relationships happen.

http://computer.expressbpd.com/news/blockchain-reduces-a-lot-of-operational-costs-for-banks-amit-sethi-cio-axis-bank/20547/

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