Topic: Banks are 'very excited' said Bitpay - page 3. (Read 3057 times)
While it's all well and good banks being interested in integrating the blockchain technology into their existing currency system this doesn't help the Bitcoin community, if anything it goes against it as it will just be strengthening the current system.
Banks are 'very excited' about what one of the world's best funded Bitcoin startups is doing
Lobster is very excited to be your dinner guest tonight, this bath is so warm and relaxing! Lobster is honored.
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tldr: banks are very excited that bitpay is working on a solution to apply "blockchain technology" to the way they do business.
In other words, this isn't related to Bitcoin but rather to blockchain technology. This shouldn't even be in this section.tldr: banks are very excited that bitpay is working on a solution to apply "blockchain technology" to the way they do business.
I wonder if they would use the actual amount of btc to transfer customer funds or use a colored coin system?
They are talking about applying blockchain technology to the mainstream currencies, not using Bitcoin. Quote
Bitpay has shifted its focus from letting businesses accept Bitcoin to getting people interested in Bitcoin in the first place. The company is doing this by building the infrastructure and tools to make Bitcoin more accessible. In the process, they've stumbled on a new market — big banks.
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Clearing is the process of actually moving money from one account to another
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the so-called "blockchain" software underpinning it makes transfers much faster.
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the likes of Citi, UBS and Santander are all looking at blockchain technology
tldr: banks are very excited that bitpay is working on a solution to apply "blockchain technology" to the way they do business.
I wonder if they would use the actual amount of btc to transfer customer funds or use a colored coin system?
Banks are 'very excited' about what one of the world's best funded Bitcoin startups is doing
http://uk.businessinsider.com/30-million-bitcoin-startup-bitpays-backup-plan-sell-tech-to-the-banks-2015-6?IR=T
http://uk.businessinsider.com/30-million-bitcoin-startup-bitpays-backup-plan-sell-tech-to-the-banks-2015-6?IR=T
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