Re:Selling Bitcoins in Canada
by hanklazard on Wednesday December 20, 2017 @06:56PM
(#15975063)
Interesting, I’ll check it out.
My question remains though, and here it is in another form: is there a compelling reason for banks to use a public blockchain rather than just use their own private network? I can’t figure out why they would use a cryptocoin-incentivized public blockchain, but maybe I just haven’t thought about it enough. Anyone have a good answer to this?
Re:Selling Bitcoins in Canada
by Impuni on Thursday December 21, 2017 @12:23AM
(#15976655)
In the case of Ripple, it’s use case targets remittance and having a publicly trading coin is meant to increase the liquidity of the coin as a settlement layer.
My question remains though, and here it is in another form: is there a compelling reason for banks to use a public blockchain rather than just use their own private network? I can’t figure out why they would use a cryptocoin-incentivized public blockchain, but maybe I just haven’t thought about it enough. Anyone have a good answer to this?