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Rutter said the initial focus would be to agree on an underlying architecture, but it had not yet been decided whether that would be underpinned by bitcoin’s bl

Rutter said the initial focus would be to agree on an underlying architecture, but it had not yet been decided whether that would be underpinned by bitcoin’s blockchain or another one, such as one being built by Ethereum, which offers more features than the original bitcoin technology. Once that has been agreed on, Rutter said, the first use of the technology might be the issuance of commercial paper on the blockchain. Can anyone speculate on why they would begin to issue commercial paper?

murbard2 11y ago
Straightforward cash based product without too many complications. Stock split, merge, spin off, for instance.
aggronn 11y ago
Probably because they're very short term forms of debt, so if the system has issues it doesn't exist in for 10 years or however long the instrument lasts.