Ninety percent of European banks invest less than 0.5 percent on contactless digital banking. According to recent analysis, Next five years, more than two thirds of banking customers in Europe are likely to be self directed and highly adapted to the online world. However, customers are taking advantage of digital technologies in other industries booking flights and holidays, buying books and music, and increasingly shopping for groceries and other goods via digital channels. Once a credible digital banking proposition exists, customer adoption will be superfast and digital laggards will be left behind. According to reports on coinmarketcap a blockchain blog, three million people use cryptocurrencies every day. This figure is expected to move above 200 million by 2025. For the foreseeable future, the demand for cryptocurrencies is expected to grow annually with a cumulative annual growth rate of 70 percent.