Monday, March 19, 2018

Dollar swapping in sandbox

I have mentioned  it in passing

The fiat bank need only provide the revoke with timeout, and make the recoke transaction visible in ledger queue. Swift certainly has the capability. Then swap notaries do any dollar swapping across ledgers equally equipped. Miners are in the best position to offer swap notary service, miners have short path.

With insurance and trusted consensus, , fiaters are free to run a trusted escrow machine, they do that now, via swift. Make Swift multi-currency, and with a swift kick in the butt we could get uncoordinated sandbox, everywhere, the US guv guaranteeing swift bearer assets.

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