“The question is not whether network business models supported by blockchain technology will disrupt these organizations, but when.”
Internet has touched 4.021 billion users in 2018. The benefits of digitization engulf a little less than half of the global population now. In a fast-paced digitized world, it is impossible for the financial world to remain unaffected. Tech savvy customers no longer wish their banks to have a lavish building with multiple counters; they prefer convenience over anything else. This is one of the major causes of disruption in the financial as well the logistics market. The survival of a financial institution now depends upon how well they adapt to the dynamically evolving needs of their customers.