Author

Topic: 2012-07-06 technologyspectator.com.au - Cashing in on Kaching (Read 1068 times)

legendary
Activity: 980
Merit: 1014
Proofer: broke link.

I have no idea what you are talking about.



Dude deleted his post.
legendary
Activity: 1092
Merit: 1001
Proofer: broke link.

I have no idea what you are talking about.

legendary
Activity: 980
Merit: 1014
Proofer: broke link.
legendary
Activity: 1092
Merit: 1001
A single mention of Bitcoin in a piece about the Commonwealth Bank's 'Kaching' banking application


Quote
Cashing in on Kaching

2012-07-06

http://technologyspectator.com.au/cashing-kaching


...
This is also presumably why CommBank is calling Kaching-to-Kaching payments "peer-to-peer" when they're nothing of the sort.

These payments still involve a central entity, the bank, just like any other bank transfer. True peer-to-peer transactions would see the funds go directly from payer to payee without involving anyone else.

Offline that's done with cash. Online that's only possible with emerging systems such as BitCoin or perhaps Canada's MintChip digital cash.
...
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