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Topic: [2015-05-19] The Financial Cloud (Read 343 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
May 19, 2015, 02:26:56 AM
#1
The Financial Cloud

It’s become widely known that, thanks to the bitcoin protocol, we can now send money over the Internet directly between two entities. The mechanism which enables this is the block chain, a shared ledger of linked addresses which correspond to privately controlled keys. To send money, a user takes her key and signs a transaction, directing funds from addresses she controls to a recipient’s address. No intermediaries — just the open network.


https://medium.com/@adamludwin/wall-street-meet-block-chain-b2747909eb90
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