Tuesday, April 17, 2018

The first bankers

“The earliest surviving examples” the Guinness record book reports, are “those made by scribes on cuneiform clay tablets.” Specifically, around 2600 B.C.E., a bookkeeper “named ‘a-du'” signed his name as “‘Adu, scribe.'”
Notaries signing off on the tradebook. 

Such a scribe signature makes a futures market, it creates a tradable ledger.  I think this really started at the end of the last ice age, 9000 BCE.

Swapnet we call it in the sandbox. Works at the web layer with notaries holding recall on failure.

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