Part 3/7:
In essence, banks are software engineering powerhouses. Over the last twenty years, their core has shifted from manual processes to sophisticated technological systems. This realization pushes against the stereotype of banks as mere custodians of cash; they are, fundamentally, entities driven by advanced software.
Adaptation to the Digital and Cryptographic Era
When the digital currency ecosystem becomes more mainstream, the majority of banks will face the necessity to adapt. As customer demands evolve around digital currencies, decentralized ledgers, and tokens, banks that fail to innovate risk obsolescence. Some will rise to this challenge and even find new opportunities in this transformed landscape.