Re:Cryptocurrency in the 2020s
by nradov on Friday January 03, 2020 @09:24PM
(#21952370)
Please explain exactly how blockchain technology can reduce costs for clearinghouses. Because they're already extremely efficient. There is very little transaction cost left to cut.
[ Parent
| on HN ]
Ernst & Young have published some interesting data about the costs of private vs public blockchains, and how they've developed tools built on Ethereum to reduce those costs.
https://www.forbes.com/sites/benjessel/2020/01/06/ernst--you...
https://www.ey.com/Publication/vwLUAssets/ey-total-cost-of-o...