Bitcoin Forum
May 25, 2024, 07:25:05 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-09-14] ET: Next banking disruption lies in one, open online ledger  (Read 859 times)
polynesia (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000



View Profile
September 15, 2016, 01:10:25 AM
 #1

Next banking disruption lies in one, open online ledger

http://economictimes.indiatimes.com/industry/banking/finance/banking/next-banking-disruption-lies-in-one-open-online-ledger/articleshow/54325221.cms

Imagine being able to avail a home loan almost as easily as obtaining a loan for buying white goods in an appliance store. Or, having a refund credited to your account within minutes of a failed transaction or cancellation.

This would be possible once banks begin to use the underlying technology of bitcoins called blockchain. Today, bankers spend much of their energies in establishing contracts, ascertaining identity and going through records to check whether a certain transaction did take place in the past. The technology that has the potential to address these problems is blockchain — an electronic public ledger that records virtual currency transactions which cannot be tweaked or deleted.
dashingriddler
Legendary
*
Offline Offline

Activity: 1258
Merit: 1001



View Profile
September 15, 2016, 07:03:03 AM
 #2

Good one out of many without real content

CENTRA

            ▄▄▄██████████▄▄▄
        ▄▄████████████████████▄▄
      ▄███████▀▀         ▀▀███████▄
    ▄█████▀                  ▀██████
   █████▀      ▄▄▄█████▄▄      ▀█████▄
  █████     ▄██████████████▄     ▀████▄
 █████     ██████▀▀  ▀▀██████▄    ▀████
▐████     █████          █████     █████
█████    ▐████                     ▐████
█████    █████                     ▐████
█████     █████          ▄████▌    █████
 ████▌    ▀█████▄▄    ▄▄█████▀    ▄████▌
 ▀████▄     ▀██████████████▀     ▄████▀
  ▀█████▄     `▀████████▀▀     ▄█████▀
   `██████▄                  ▄██████
     ▀███████▄▄          ▄▄███████▀
       ▀██████████████████████▀
           ▀▀▀█████████████▀▀

.
.
.
.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!