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Spoke to some people working at big banks: They say trust, or rather lack thereof, _between_ banks is a key issue. Blockchains solve that.
by hbbio 1y ago
Spoke to some people working at big banks: They say trust, or rather lack thereof, _between_ banks is a key issue. Blockchains solve that.
- hocuspocus 1y agoNo, they don't. Bank networks are fundamentally permissioned, only authorized entities are allowed to participate. Verifiability is a political/legal decision between these entities, not a technical limitation of existing systems.