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RE: Corda: A New Distributed Ledger Protocol That Can Kill ACH Transfers For Good
And why would I trust a consortium of banks' blockchain as opposed to a public one?
And why would I trust a consortium of banks' blockchain as opposed to a public one?
Valid, valid point. This does not decentralize anything, there's no reason for you to trust them any more with this system. The only thing it does is change how the banks themselves transact amongst themselves. Also, important to note that this is not a blockchain system, it's simply a protocol that was inspired by blockchain technology and cryptography.