• cynar@lemmy.world
    link
    fedilink
    English
    arrow-up
    14
    arrow-down
    7
    ·
    11 months ago

    To be fair, there are plans for a (international) bank exchange system based on Blockchain. Right now it’s either things like “Swift”, trust, or physically shipping gold.

    Blockchain allows for a system where they just have to trust the system, as a whole, and not individual banks, or the governments above them.

    This is the only useful use for block chain I’ve seen, that isn’t better served in another way.

      • cynar@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        1
        ·
        11 months ago

        There’s generally significant trust between national level banks. So long as they have some sort of trust in the countries involved, it can’t be intercepted by a 3rd country.

    • tracyspcy@lemmy.mlOPM
      link
      fedilink
      arrow-up
      5
      arrow-down
      4
      ·
      11 months ago

      So one clear use case is to have a plan to have a use case? Totally legit