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Author Topic: The Federal Reserve wants to speed up blockchain implementation  (Read 420 times)
ijphlrnxewho (OP)
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October 14, 2016, 09:57:50 AM
 #1

The Federal Reserve wants to speed up blockchain implementation
http://www.businessinsider.com/the-federal-reserve-wants-to-speed-up-blockchain-implementation-2016-10

franky1
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October 14, 2016, 11:32:49 AM
Last edit: October 14, 2016, 11:53:27 AM by franky1
 #2

old news, fed reserve is deep in the blockchain creation process..
they are part of the hyperledger group who are working with blockstream.

OP's link:
Quote
Earlier this year, the Fed held discussions with software giant IBM about launching its own digital currency. And in March, Jack Henry, a leading US payments solution group, partnered with The Clearing House to look into developing a faster payments system for the US.

then we have:
http://www.coindesk.com/blockstream-10-new-firms-hyperledger-blockchain-project/
Quote
published March 29th
Bitcoin development startup Blockstream is among 10 new companies that have joined the open-source Hyperledger blockchain project led by the Linux Foundation.
More recently, the technical steering committee came close to officially approving a plan to merge code contributed by Blockstream, Digital Asset and IBM.

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greenuser
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October 14, 2016, 12:22:15 PM
 #3

Good! i am glad they are in a hurry. Maybe they will be like the Ethereum Foundation, move fast and break things.

I like Bitcoin, move slowly and get it right  Wink

pereira4
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October 14, 2016, 12:37:02 PM
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Cool, the faster blockchain stuff is pushed in the mainstream the more Bitcoin will get mentioned in there as well as a side effect since it's impossible to talk about blockchain technology without mentioning Bitcoin and not looking like an idiot.
franky1
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October 14, 2016, 01:56:05 PM
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Cool, the faster blockchain stuff is pushed in the mainstream the more Bitcoin will get mentioned in there as well as a side effect since it's impossible to talk about blockchain technology without mentioning Bitcoin and not looking like an idiot.

yep. and it seems hyperledger is centric on identification. where users register (possibly their social security number), which is tethered to ALL their medical, banking, border crossing, computer and internet use.

which will double highlight the requirement of 'middlemen' knowing all peoples business and being involved in all decisions. making people more aware of the fact they have less control of their 'identity' and 'assets' then they thought before.

which will make people look for an alternate to the future fiat system

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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