3 ms·

How specifically?

• Double_a_92 4y ago
  The only halfway decent project I've seen is the Stellar protocol, which might be used as intra-bank network and/or for real digital currencies. But it's not completely trustless (the banks need to trust eachother), and there is no ponzi scheme going on, since the tokens are just data that represent real assets (held at the banks you need to trust).
  • deleted 4y ago
    [deleted]
  • jjtheblunt 4y ago
    Does that differ much from electronic transfers as done currently between banks?
    • kjs3 4y ago
      It has 'blockchain' in the description.
    • Double_a_92 4y ago
      The individual banks (and users) would need less trust between eachother, as long as the group as a whole is generally trustworthy.