Future of banking!
He said that brick-and-mortar banks will likely decline significantly over the next 10 years, as people will have much less need to visit physical branches. He noted that online banking began decades ago and that replacing traditional industries takes time. With cryptocurrencies, blockchain, eKYC, and digital services, many banking tasks no longer require in-person visits. However, he emphasized that banks will not disappear, as they continue to serve important roles, and that risks in both new and traditional industries must be reviewed carefully over time.