Wednesday, August 29, 2018

Any group can agree on a cash ledger system

“Akash provides the CPU memory storage and Handshake provides DNS – it’s a marriage made in heaven,” proclaimed Akash founder Greg Osuri, in conversation with news.Bitcoin.com. “I was so excited when I saw Handshake…Any application on Akash will use a Handshake DNS server. It’s a mutual partnership where they help us by giving the value of a decentralized network and we help them with adoption.”
Trusted miners.  

The Handshake is to define an agreed network for validation of transactions. Secure cloud is like an insured 'hot web wallet'.  The small cap stock traders, for example, might define the trading rules for members, and create a small set of trusted validators, make sure rules obeyed.  

Naturally a trading network like this can carry cash, or, more realistically, have a loan and deposit in advance, an S&L attached, auto traded, just a part of the network.  Intriguing, since members know uncertainty, the marginal loan business is simple, asynchronous, automated; a download and attach.

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