Traiborg - Blog Profile - BitCoin

Traiborg - Blog Profile - BitCoin

"Banks are to Fall from BitCoin Spread" predicts Tapscott

"The conventional banks are to fall down from BitCoin spread." said in prospect Don Tapscott, the chairman of the Tapscott Group on his interview with Chosun Ilbo newspaper, "All of us will behold the situation that the role of the BitCoin, the virtual money as the most remarkable trend among 3 IT disruptive innovations of the diffusion of the electronic cash and the perish of the conventional banks, the radical development of the internet of things and the 100% digital educational revolution will change 180 degrees," and "the traditional banking institutions will probably fade away."

"Why do you consider the BitCoin, the digital money as the top listing of the mega trends?"

"2015 will be the year when the BitCoin will be activated in the mainstream beyond the level of the mere curiosity. Please pay attention to the information site of the BitCoin called Blockchain. It's the BitCoin site and the mobile app mostly visited from the world and functions like kind of the bank with recording of all the transaction of the digital cash, sorting out the fake and the deformed and storing the currency. I think the growth of the virtual currency will let the conventional banks transformed to other types or shut down at all."

Don Tapscott(68), the chairman of Moxie Insight,the worldly futurologist and the digital guru has circulated the concepts of wikinomics, prosumer, digital economy and crowdsourcing as the common words of nowadays.