Re: HSBC: First commercial transaction concluded via Blockchain
I will admit I have no real understanding of this letter of credit but we have seen banks move well past the issue of cryptocurrency and taking blockchain seriously. I think it has actually moved much faster than we all thought given the initial furor of banks over blockchain and crypto.
So maybe with things like Ripple coming aboard and all these platforms like Corda coming, maybe the global banking world will all be on blockchain with their own private systems.
Death of decentralization for blockchains? Or just a big divide between public and private?
So maybe with things like Ripple coming aboard and all these platforms like Corda coming, maybe the global banking world will all be on blockchain with their own private systems.
Death of decentralization for blockchains? Or just a big divide between public and private?
I just wanted to get on the fact, that there are a lot of testing for the banking systems based on blockchain. We are actually in really interesting times right now. Let's see when we're getting more information about that and maybe with some cryptocurrencies, fast transactions, etc.
It won't be the death of blockchain as I would say, just a new partner joining the game.
