4 ms·
I just don't know how it works in detail on the bacnking side as i havenot worked with it. My thought was that a crypto based system could replace perhaps a se
by Balantio 5y ago
I just don't know how it works in detail on the bacnking side as i havenot worked with it.
My thought was that a crypto based system could replace perhaps a sea of different approaches and alignment efforts across banking systems and if a central bank/banks are just need to approve a block, instead of mining it, the basic idea of a transparent cryptosigned blockchain might be useful.
But yes i don't think they need something like this as the current system seems to be very trustworthy. I have never heard of a bank creating money out of thin air.