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I don't expect bank A to care about transactions between banks B and C, so the distributed blockchain doesn't sound very useful. Maybe for more efficient netti
by bradleyjg 9y ago
I don't expect bank A to care about transactions between banks B and C, so the distributed blockchain doesn't sound very useful.
Maybe for more efficient netting? If A owes B $100 and B owes C $100 and C owes A $100 then no money has to ever change hands, even in the sense of crediting or debiting accounts at the central bank.