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kleinbl00 · 3137 days ago · link · · parent · post: Bitcoin is not an obvious choice for financial services.
Banks like to corrupt the ledger, though. That's how they roll. They have no vested interest in public trust, and if their instrument of public trust is a vehicle associated with drug deals, terrorism and blackmail they gain nothing from it. I'd argue that the banks have more incentive to make a database and call it a blockchain than adopt a blockchain and use it as a database.
Well, I do assume they will eventually go down the path of collusion. That's what they do. That said, right now they could all share a SQL database and each have read/write access to it. But I have to assume that someone, whether a regulator or someone from their own legal team, would object to that kind of a setup. UPDATE: IBM wants to be the one.