Aren't we already seeing this in developing countries? Zimbabwe for instance has a great peer-to-peer lending platform. Currently backed by a bank, but what if

Aren't we already seeing this in developing countries? Zimbabwe for instance has a great peer-to-peer lending platform. Currently backed by a bank, but what if the currency was simply tokens pegged to fiat such as USD by another company? (Similar to what Cryptopia has done with NZDT.) Another example I've seen in real world use is the "startup" retail banks popping up throughout Africa that have no offices, and are purely operated over mobile. The lack of regulation in these countries have lead to massive leaps in innovation in the banking space. Seriously, you can read articles about it - but until you go to countries like Nigeria or Kenya and try it out, it's incredibly impressive. I'm not a major investor in crypto anything, I think most, if not all, coins created right now are completely pointless - but blockchain as a public, auditible ledger and fiat-backed crypto/tokens I think we'll see some very cool innovation that own't overhaul the banking industry completely. There's too many smart people in banking to get "caught out". However I do think we'll see some new contenders in the space as the industry begins to break down into smaller units. And that'll be good for everyone.