The appearance of cryptocurrencies, not linked to the traditional financial system was initially perceived as a great threat by credit institutions, foreseeing the potential loss of customers for their business, mainly in the new generations more related and familiar to the digital world. However, the chain of blocks on which the development of the vast majority of criptmonedas is based, each with its peculiarities, is the direction of attack toward which more and more players of the global financial landscape are pointing.

 
The introduction to digital currencies, especially to bitcoin and others of greater diffusion, has become the guarantee of survival to which more and more big names of the sector try to hold on. Beyond the cryptocurrency machines, the big global entities are allocating more and more of their resources to research and take the lead in these new trends in banking and digital commerce, while remaining attentive to any opportunity to buy an incipient startup directed to the financial world that provides value to its clients and, at the same time, facilitates the profitability gain.

 
By the last events that have happened in these last quarters all the applications based on blockchain have accelerated at an unpredictable rate. The applications of this technology of unalterable registration of transaction blocks, its confidentiality and its moldable architecture constitute its main and first contribution to the financial industry of physical currencies.
Banks have a long way to go to transform their business model, but as society changes and the needs of the population advance, banks are realizing that they must evolve. If that means adopting the blockchain technology, then they know they must do it.

In the next few years the relationship with Blockchain and banking will be fascinating and a new economic model will be opened before our eyes.

Note: The terms incipient company and startup are used in the business world applied to companies looking to start, start or start a new business.