Bits on Blocks - Thoughts on blockchain technology
There has been a lot of hype around central banks, interbank payments, blockchains, and central bank digital currencies (CBDCs), but the narrative has become confusing and often misses the point. What’s going on? Actually...
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...
Currently a number of central banks around the world are exploring two things: A decentralised interbank payment system A central bank digital currency Though often conflated, these are slightly different concepts. You can decentralise...
This article attempts to explain the difference between the revolutionary disruptive innovation of Bitcoin and the evolutionary efficiency innovations of industry workflow tools, and why calling them both “blockchains”, even as a generic term, is incredibly confusing.
Bits on Blocks by Antony Lewis is licensed under CC BY-SA 4.0
