Wall Street rethinks blockchain projects as euphoria meets reality

Re:Wall Street rethinks blockchain projects as euphoria meet... by JumpCrisscross on Thursday March 29, 2018 @11:26AM (#16707801)

> Have you ever tried a normal bank transfer? How long did it take?

For less than $5,000 it is free and instantaneous in the United States (e.g. Zelle). For more, it is free and instantaneous (wire; my bank waves the fee; most charge $15 to $35).

The number one thing holding back the blockchain from becoming a proper database technology is its proponents insistence on applying it to problems that already work faster and cheaper.

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Re:Wall Street rethinks blockchain projects as euphoria meet... by JoeAltmaier on Thursday March 29, 2018 @11:28AM (#16707814)

Or Dwolla! Funny - searched google for Dwolla and Zelle came up as the first match

[ Parent | on HN ]