Submitted by habichuelacondulce t3_yw1iya in technology
Comments
MrSnowden t1_iwi1jy9 wrote
Banks want the benefits of crypto (speed, verification, etc.) but reliant on the banking industry to back it. Fed wants traceable currency. No one wants borderless currency. No one wants heavy compute overhead.
typing t1_iwi3c03 wrote
Private blockchain, it's been done a bunch before. It's a centralized blockchain solution.
MrSnowden t1_iwi3f3z wrote
This one Fed blessed?
lego_office_worker t1_iwij5z8 wrote
is this an effort to eliminate paper money?
AzulMage2020 t1_iwhg8el wrote
FTX Squared has a nice ring to it......
lego_office_worker t1_iwh1fxo wrote
i wonder what the end game is here
i doubt they are simply concerned about settlement times.