Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: Nostoman on June 10, 2020, 09:00:04 PM

Title: Simplified Blockchain Tech Is Helping Bring Banks out of the Stone Age
Post by: Nostoman on June 10, 2020, 09:00:04 PM

An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering.
Treasury Prime aspires to bring U.S. banks out of the stone age by providing automation through APIs. It appears that they internally use rudimentary blockchain technology to handle their compliance efforts.
Source: https://cointelegraph.com/news/simplified-blockchain-tech-is-helping-bring-banks-out-of-the-stone-age

Title: Re: Simplified Blockchain Tech Is Helping Bring Banks out of the Stone Age
Post by: Noverteno on June 12, 2020, 06:55:33 AM

It is worth agreeing with this statement. Blockchain technology contributes to the possibility of transferring current banking financial settlements to a new, more advanced technical level. Now all governments and their central banks already understand this.
One of these areas is the creation by governments and their central banks of their digital national currencies. Even in the US, they are now thinking about issuing their digital dollar.