Re: How do bank payments actually work?

Thanks for sharing Melvin.

On 21 January 2016 at 11:48, Melvin Carvalho <melvincarvalho@gmail.com>
wrote:

>
>
> On 21 January 2016 at 00:03, Melvin Carvalho <melvincarvalho@gmail.com>
> wrote:
>
>> Interesting post on the inter ledger element of banking.
>>
>> https://getmondo.co.uk/blog/2016/01/20/how-do-bank-payments-work/
>>
>> Im thinking of simulating this on a testnet for people to play around
>>
>
> Thanks for the responses to this.  Im just finishing coding the first
> version of my testnet, and will get back shortly.
>
> I'll note today the IMF also released their report on virtual currencies
>
> http://www.imf.org/external/pubs/ft/sdn/2016/sdn1603.pdf
>
> Page 26 has a nice comparison of bank ledgers vs distributed ledgers.
>
>