Re:Big Banks Are All Over Blockchain
by bradleyjg on Wednesday December 27, 2017 @04:06PM
(#16018033)
I don't expect bank A to care about transactions between banks B and C, so the distributed blockchain doesn't sound very useful.
Maybe for more efficient netting? If A owes B $100 and B owes C $100 and C owes A $100 then no money has to ever change hands, even in the sense of crediting or debiting accounts at the central bank.
Maybe for more efficient netting? If A owes B $100 and B owes C $100 and C owes A $100 then no money has to ever change hands, even in the sense of crediting or debiting accounts at the central bank.