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Title: A potential automated ripple Post by: blogospheroid on April 23, 2013, 06:49:39 AM Question for the community - Does ripple already do the below? Datamine the blockchain and find out if there is a possibility of informing everybody on a fully completed money loop (money that you sent out coming back to you) that they form atleast in miniature, a fully solved double-coincidence of wants problem, and they can potentially, take their transactions off the blockchain or use just notional amounts to transact. Money is needed for solution of a double-coincidence of wants problem, but if the loop is closed, then everyone in the loop has some goods that the other desires. I understand that for one-offs, this may not be the case, but for business, it could definitely be done, right? |