Re:Selling Bitcoins in Canada
by hanklazard on Wednesday December 20, 2017 @06:21PM
(#15974822)
Something like Corda (1) seems like a better technology. Banks get all the benefits of distributed ledger without all the cryptocurrency speculation and hype.
Re:Selling Bitcoins in Canada
by thoughtpalette on Wednesday December 20, 2017 @08:57PM
(#15975728)
No doubt. This will be a competitive space for quite some time.
>There seems to be some high profile XRP Customers signed on already, BMO, UBS etc.
using it as in, using the technology, or using it as in using the currency?
Re:Selling Bitcoins in Canada
by thoughtpalette on Wednesday December 20, 2017 @08:57PM
(#15975725)
No idea. Potentially initial speculators or investors? Not sure why they would list them as "Customers" otherwise.
I guess much of it is just planting a flag, signaling to shareholders and the like that they are not getting left behind. There is a huge difference between "we are in touch with this" and "we are fully committing to this".
It's like the difference between a software consultancy claiming scala expertise because they had a few people read up on it and a software consultancy stopping to write java.
I'm not holding my breath as to the wide spread usage in Korea & Japanese banks (as another article states), but I'm optimistic about the technology in general. (1500 TRX/s vs BTC 7 TRX/s)