Blockchain, the technology behind Bitcoin’s public ledger, is one of the hottest topics in fintech, and one of the technology’s biggest fans are banks.

“You see these banks that really get excited about blockchain and fintech,” says Zennon Kapron, the founder of Kapronasia, a research and consulting firm that focuses on Asia’s financial industry.

“At some point over the next year, banks are going to wake up and realize that blockchain is a great, sexy technology for a problem that doesn’t exist,” he says.

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Eva Xiao

Eva Xiao is a tech reporter based in Shanghai. Contact her at eva.xiao@technode.com or evawxiao (wechat & twitter).