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RE: The Looming Existential Crisis for PayPal

in #paypal6 years ago (edited)

These companies are doing emense research on the blockchain technology. With their already massive capital, they can easily transit their system or build a blockchain like system. Keep in mind that JP Morgan and some other big banks have designed the hyperledger CORDA (Consortium R3) which they will use to settle debts and other important bank to bank settlements.

What will have in the future is more competition, which is good for business and favorable for customers.

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