News for hackers. Stuff that matters.

A comment on A Bank of One's Own. Parent comment

Re:A Bank of One's Own by nightmarish on Saturday March 11, 2023 @06:31PM (#35113921)
How do you handle fraud in this setup? Lol.
[ Parent | on HN ]
Re:A Bank of One's Own by ghayes on Saturday March 11, 2023 @06:38PM (#35113972)
The bank doesn’t need to perform those functions like debit and credit cards in this set-up. Transfer funds to a private bank for that. The public bank is just to secure deposits.
[ Parent | on HN ]
Re:A Bank of One's Own by djbusby on Saturday March 11, 2023 @06:37PM (#35113961)
Same way as now? Eventual Consistency that the current financial industry uses.
[ Parent | on HN ]