Bitcoin and Banks Can Work Together, Interview With PrivatBank’s Alexander Vityaz
Bitcoin and banks can work together, according to PrivatBank’s Alexander Vityaz, who sees card companies and cryptocurrency focusing on the technology aspect of transactions, while banks focus on brokerage. Banks have had a tense relationship with cryptocurrency, from fighting Bitcoin to trying to patent blockchain technology for their own use. However, Alexander Vityaz, Corezoid Founder and PrivatBank’s head of ecommerce, sees Bitcoin and card companies such as VISA and MasterCard working together with banks, taking on separate roles instead of competing for the same position.....
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