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Financial transactions without third party verifying and/or underwriting the risk. That's everything. Frictionless (well, one day) payments.
by austenallred 9y ago
Financial transactions without third party verifying and/or underwriting the risk. That's everything.
Frictionless (well, one day) payments.
- acdha 9y agoConsumers quite like the protections against fraud or loss which they currently have. How does that work without a trusted third party? Similarly, what does “frictionless” even mean? Consumers have very little friction currently and the situation is decent for most vendors. How much better can a new system be, especially one with significant operating costs?