A Gentle Introduction to Interbank Payment Systems
How do banks pay each other? In most countries, when banks want to transfer money to each other, perhaps upon instruction from a customer, they don’t put bundles of banknotes in vans, they pay...
Tagged: banking
No, “Blockchain” is not a solution looking for a problem
I have heard this comment many times: “Blockchain” is a solution looking for a problem. That is incorrect – here’s the problem statement, originally articulated in 2008: The problem statement, to paraphrase, is “How...
