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Bitcoin => Bitcoin Discussion => Topic started by: David-M on March 14, 2015, 08:51:33 AM



Title: proof of cash reserves- technological solution?
Post by: David-M on March 14, 2015, 08:51:33 AM
Wondering if theres a tech solution to the problem of checking cash reserves.
The only solution I can think of is regular independent audits of accounts.

Bitcoin- you can view on the blockchain, and maybe possible using proof of reserve-hash checks.

Are there any ideas on how to do this for cash?  This is important beyond bitcoin....



Title: Re: proof of cash reserves- technological solution?
Post by: dansmith on March 19, 2015, 02:50:53 PM
have you look at TLSNotary. It allows you to prove your fiat account's webpage. Although this proof is not non-interactive. You can prove it only to a specific entity which must also be online at the time of the audit.