Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
becoin
on 22/11/2015, 19:13:07 UTC
In a "permissioned ledger" (i.e., a distributed mirrored decentralized tamper-resistant database for a closed set of non-anonymous, legally bound entities), transaction processing would be done by the member entities, for whom the service would be compensation enough; and/or by external contractors, who would get paid in dollars through banks, the old-fashioned way.
They already have what you've described. It is called SWIFT.