Banks move trillions of dollars every day — yet very little of that runs on blockchain infrastructure. So what would actually need to change for a blockchain to be considered truly “bank-ready”?
In this episode of the Wirex Podcast, host Lianna Adams sits down with Peter Bidewell, Head of Product at Rayls, to explore what banks really mean when they talk about trust, reliability, and readiness.
From uptime and reversibility to privacy, regulation, and accountability, this conversation breaks down the real-world standards blockchain must meet to operate at institutional scale.
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What “bank-ready” actually means in plain language
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Why banks still hesitate to use public blockchains
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Whether infrastructure beyond the chain — custody, wallets, guarantees — matters more than the tech itself
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How refunds or reversibility could work on-chain
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What level of uptime and resilience banks expect
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Who takes responsibility when something goes wrong
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The privacy standards financial institutions require
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What banks would realistically use blockchain for first
If blockchain wants to serve global finance, it has to deliver reliability, accountability, and trust — at scale.