Singapore’s Tembusu Systems raises $887k, dissociates from Bitcoin

Beymond

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Quote from: ranochigo on February 24, 2015, 10:59:17 AM

Quote from: Beymond on February 22, 2015, 10:48:42 AM

This allows trusted individuals to make offline transactions, so business can be done even without an Internet connection.

HOW Huh

You can ask another person to sign a transaction and give the data to you. When you have the internet, you can then broadcast it. This process is extremely complicated and a lot of trust is needed. The person can just broadcast another signed transaction to another address before you broadcast it.

Okay! so we need good trust but that can be done this way
Though quite complicated

ranochigo

legendary

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Crypto Swap Exchange

Quote from: Beymond on February 22, 2015, 10:48:42 AM

This allows trusted individuals to make offline transactions, so business can be done even without an Internet connection.

HOW Huh

You can ask another person to sign a transaction and give the data to you. When you have the internet, you can then broadcast it. This process is extremely complicated and a lot of trust is needed. The person can just broadcast another signed transaction to another address before you broadcast it.

Q7

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Activity: 448

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It's typical to see one startup venture comes and then go and the next thing you know, there's another one coming along. It's just part of what you call business. But one thing that really caught my attention is I wonder how the new asset backed blockchain will work out especially with its offline transaction ability.

nikona

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