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Title: [2016-04-06]The ‘Unsexy’ Way Earthport is Using Shared Ledgers for 'Blockchain' Post by: hendra147 on April 07, 2016, 03:46:46 AM Jaramillo told CoinDesk:
"There’s still a correspondent with bank A and bank B, and we use currency held at bank A and bank B. Structurally, that isn’t fundamentally changed, you still have counterparties. The advantage is [transactions] now all happen very quickly and everyone reconciles to single balances on the Ripple Consensus Ledger. They get driven down to near real-time." http://www.coindesk.com/unsexy-earthport-blockchain-digital-currency/ |