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Interesting, I’ll check it out. My question remains though, and here it is in another form: is there a compelling reason for banks to use a public blockchain r
by hanklazard 9y ago
Interesting, I’ll check it out.
My question remains though, and here it is in another form: is there a compelling reason for banks to use a public blockchain rather than just use their own private network? I can’t figure out why they would use a cryptocoin-incentivized public blockchain, but maybe I just haven’t thought about it enough. Anyone have a good answer to this?
- Impuni 9y agoIn the case of Ripple, it’s use case targets remittance and having a publicly trading coin is meant to increase the liquidity of the coin as a settlement layer.
- Jenya_ 9y agoThere is a nice speculative article about Jed McCaleb which may or may not be true, still interesting nonetheless: https://steemit.com/ripple/@olyup/fck-you-money-the-rise-and-fall-of-xrp https://steemit.com/ripple/@olyup/fck-you-money-the-rise-and...